Corporate Finance

Agenda Summary ï The Role of the Participants in Corporate Finance ï Corporate Valuation Techniques ï Weighted Average Cost of Capital (WACC) & the Discount Rate ï Preparations for Flotation ï Equity Issue Methods ï Subsequent (ìSecondaryî) Issues ï Reasons for and Types of Acquisitions (Including Effect of Synergies) ï Private Equity, LBOs & MBOs ï Financial Structuring ï Public Take-Overs and Mergers ï Hostile Public Take-Overs Case Studies and Practical Sessions ï Proposing terms for a sell-side and a buy-side mandate ï Valuing an MBO opportunity ï Identify the rationale for flotation ï Evaluating a recent IPO ï Analysing a recent rights issues of a PLC ï Understanding vendorsí motivations ï A recent private equity deal ï Structuring an LBO deal ï Participants analyse a competitive bid situation and recommend to shareholders which offer to accept ï Participants analyse a hostile take-over bid and suggest the strategy and tactics to be used by the bidder and the target