M&A transactions and the importance of post-merger integration: the ENEL-Endesa case

Briganti, Niccolò (A.A. 2022/2023) M&A transactions and the importance of post-merger integration: the ENEL-Endesa case. Tesi di Laurea in Corporate strategy, Luiss Guido Carli, relatore Arturo Capasso, pp. 146. [Master's Degree Thesis]

Full text for this thesis not available from the repository.

Abstract/Index

Merger & acquisitions: a general overview. Introduction on corporate growth strategies. Historical evolution: the merger waves. Main characteristics of M&A: typologies and strategies. Motives and advantages of M&A. Disadvantages and risks. Drivers of value creation and profitability in M&A. The post-merger ubtebration process. Post-merger integration: what is and why is important. Types of PMI and integration scope. The integration strategy. Implementation of integration strategy: key activities and characteristics. Main challenges of the integration. The liberalization of the energy market and evolution of ENEL. Motivations behind the liberalization: the privatization waves. The liberalization process in Europe: directives and plans. The transposition of directives in Italy: the Bersani’s decree. ENEL: from a national public utility to an energy global giant. Analysis of the case: the ENEL acquisition of Endesa. The path of the acquisition. Rationale and benefits of the operation. Analysis of the integration process and strategy. Application of the models to the empirical case & key takeaways.

References

Bibliografia: pp. 117-124. Sitografia: p. 125.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair: Corporate strategy
Thesis Supervisor: Capasso, Arturo
Thesis Co-Supervisor: Oriani, Raffaele
Academic Year: 2022/2023
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 13 Jun 2024 07:44
Last Modified: 13 Jun 2024 07:44
URI: https://tesi.luiss.it/id/eprint/38926

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