Investigating the relationship between M&A and innovation: a focus on the digital payments industry with the Nexi-SIA-Nets operations

Lisi, Bernardo (A.A. 2020/2021) Investigating the relationship between M&A and innovation: a focus on the digital payments industry with the Nexi-SIA-Nets operations. Tesi di Laurea in M&A and investment banking, Luiss Guido Carli, relatore Marshall Langer, pp. 122. [Master's Degree Thesis]

[img] PDF (Full text)
Restricted to Registered users only

Download (2MB) | Request a copy

Abstract/Index

Innovation: origin and new horizons. Historical overview: industrial revolutions as innovation engines. Types of innovation. Sub-division of Innovation. Open innovation and closed innovation in an organization. Necessity to innovate. Mergers and acquisition-brief overview. The rationale behind M&As. Terminology. Reasons for M&As. Three basic acquisition structures. Valuation. Cultural aspects of a merger. M&As can trigger innovation output. The digital payment market. The history of digital payments. Market estimated size and forecast. The payment value chain. Digital payment market: consolidation trends with focus on Europe. Future trends in digital payments with a focus on the euro. The evolution of payments. Empirical analysis (part 1). Methodology. Players and their performances in the industry. Metrics and multiples for comparison. Comparison between group A and group B. Underlying causes of disparities between group A and group B. Role of innovation. Empirical analysis (part 2). SIA-Nexi-Nets: deal’s rationale and information. Possible links between M&As occurring in the sector and innovation. Effects of M&As on innovation and open innovation.

References

Bibliografia: pp. 108-113.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree Program in Gestione d'impresa (LM-77)
Chair: M&A and investment banking
Thesis Supervisor: Langer, Marshall
Thesis Co-Supervisor: Donzelli, Andrea
Academic Year: 2020/2021
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 13 Jun 2022 12:49
Last Modified: 13 Jun 2022 12:49
URI: https://tesi.luiss.it/id/eprint/32646

Downloads

Downloads per month over past year

Repository Staff Only

View Item View Item