Cross Border Mergers & Acquisitions in Europe

Short course

Inhouse

£ 3001-4000

Description

  • Type

    Short course

  • Methodology

    Inhouse

  • Duration

    1 Day

  • Start date

    Different dates available

European cross-border M&A has increased dramatically in the last few years with the growing integration of the European financial markets and the need of medium sized, as well as large companies, to diversify their activities geographically.

This course covers the evolving cross-border M&A market in the EU and Europe as a whole. It examines the developments, which facilitate cross border transactions, and the barriers, which remain, together with ways of successfully completing acquisitions.

Key issues such as tax and legal structures are examined for a number of European countries and case studies are used to illustrate and reinforce topics. The course will also cover the Takeover Directive and some of the relevant regulatory principles involed in mergers and acquisitions. The EU Merger Regulations will be discussed, as well as the UK Pension Regulator and due diligence.

Depending on which subjects are of interest, the first or second day of the course may be attended as a single day course, or the course may be attended as a two-day course.

Facilities

Location

Start date

Inhouse

Start date

Different dates availableEnrolment now open

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Reviews

Subjects

  • M&A
  • Corporate Finance
  • Current Trends
  • European Market
  • Cross-border Transactions
  • Foreign Acquisitions
  • Valuation in Europe
  • Methodologies
  • Cultural Differences
  • Accounting

Teachers and trainers (1)

Former  Practitioner

Former Practitioner

Contact us for details enquiries@redcliffetraining.co.uk

Course programme

Course Content

Day One


The European market
The growth of cross-border M&A
The most active markets
Current trends

Why consider a cross-border transaction?
Strategic rationale
Advantages of a foreign acquisition

A level playing field in Europe?
European Union Directives
IFRS
Corporate law

Obstacles to be overcome
Cultural differences
Employment law and regulation: EU and national
Protective measures
Availability of information
Identifying transactions
Adviser's role

Negotiating and structuring the deal
Drivers of cross-border deal structures
Tactical/cultural issues and initiating the deal
Financial/accounting
Management

Different approaches to valuation
Valuation in Europe
Methodologies
Assessment of profits


Day Two

The implementation of the Takeover Directive

Scope
General principles
Frustrating action and breakthrough
Mandatory bids
Documents and information
Sell out/squeeze outs
Common features of European jurisdictions
Specific country legislation
Implementation of Takeover Directive
Were the objectives achieved?

Legal and tax structures
Structures for private acquisitions/disposals
Structures for public takeovers
Legal mergers
Tax considerations on cross-border deals
Specific countries

Other legal/regulatory issues
Legal system
Sale and purchase agreements
Pensions, esp. UK Pension Regulator
Competition issues
EU Merger Regulation
National competition authorities

Due Diligence

Conclusion

Cross Border Mergers & Acquisitions in Europe

£ 3001-4000