The impact of M&A transactions on stock prices: Unipol Gruppo S.p.a. case study
Civetta Marzoli, Alessandro (A.A. 2023/2024) The impact of M&A transactions on stock prices: Unipol Gruppo S.p.a. case study. Tesi di Laurea in Financial reporting and performance measurement, Luiss Guido Carli, relatore Francesco Paolone, pp. 106. [Master's Degree Thesis]
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Abstract/Index
M&A operations-a general analysis. Business development and growth. Mergers and acquisitions operations. Types of mergers and acquisitions operations. Structure of the acquisition process: perspective of the acquiring entity. Types and schemes of sale. Typical modes of acquisition. The macro phases of the process. Motivations of the target company. The acquisition value. Net present value generated by the acquisition. The valuation process in M&A transactions. Introduction to valuation. The information framework. Discounted cash flow analysis (DCF). The Dividend discount model (DDM). The market multiples method. Unipol Gruppo merger case study. Pre merger Unipol profile. Genesis of the merger operation. Strategic context and motivations for the merger. The merger process: timelines and key phases. Evaluation of the exchange ratio. Interview with Rossella Porfido and Massimo Desiderio. Unipol Gruppo S.p.a. and Unipolsai S.p.a. data. Unipol Gruppo S.p.a. balance sheet. Unipolsai Assicurazioni S.p.a. balance sheet. Reflections on the results. Unipol Gruppo S.p.a. and Unipolsai Assicurazioni S.p.a. ratio analysis. The impact of M&A on stock prices: focus on the conglomerate discount. Previous literature. Interview with Dr. Federico Gentile.
References
Bibliografia: pp. 103-105.
| Thesis Type: | Master's Degree Thesis |
|---|---|
| Institution: | Luiss Guido Carli |
| Degree Program: | Master's Degree Programs > Master's Degree Program in Management, English language (LM-77) |
| Chair: | Financial reporting and performance measurement |
| Thesis Supervisor: | Paolone, Francesco |
| Thesis Co-Supervisor: | Pierini, Lucia |
| Academic Year: | 2023/2024 |
| Session: | Extraordinary |
| Deposited by: | Alessandro Perfetti |
| Date Deposited: | 03 Jul 2025 15:36 |
| Last Modified: | 03 Jul 2025 15:36 |
| URI: | https://tesi.luiss.it/id/eprint/42768 |
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