Day 1
Session- 1: Concepts, Strategies and Tactics
- Corporate Restructuring - Forms of Corporate Restructuring
- Mergers and Acquisition as growth Strategy
- Mergers & Acquisitions – Motives and Synergies
- Takeover and Defense Tactics
Session 2: Due Diligence in M&A Deals
- Importance of Due Diligence
- Main Elements of Due Diligence
- Aligning Priorities to main risks
- Due diligence investigation areas
Session 3: M&A Deal Negotiation Principle
- Key Consideration in M&A Deal Negotiation
- Negotiation Strategies and tactics
- Sale-side negotiations
- Buy-side negotiations
Session 4 - Legal Aspects
Brief introduction and the current M&A/FDI climate Mergers
- Legal provisions related to Mergers in India
- Key challenges in implementing mergers in India
- Issues faced by listed companies
- Court Process
- Competition Law
Demerger / Slump Sales
- Key forms for slump sales (including demerger)
- Legal provisions related to Demerger / Slump Sales
- Issues faced by listed companies
- Court based process for demerger/ slump sale vs Contractual Slump sale
- Key Challenges in Implementing Demerger / Slump Sales
Day 2
Session 5 - Tax Aspects of Amalgamations & Demergers
- Implications in terms of Capital gains Tax
- Certain Vexatious Tax Issues Relating to M&A
Session 6 – Valuation of Target Companies
Session 7 - Modes of Acquisition Financing
- Funding of Acquisitions
- Sources of Funds
- Leveraged Buyout & Going Private
Session 8 – Post merger integration