Spagoni, Letizia (A.A. 2022/2023) M&A transactions as a tool for value creation: an empirical analysis of the eyewear industry. Tesi di Laurea in Advanced corporate finance, Luiss Guido Carli, relatore Pierluigi Murro, pp. 114. [Master's Degree Thesis]

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Abstract/Index

M&A definitions and motivations. Definition and evolution of the concept of M&A in economic literature. Extraordinary financial transactions: the M&A. M&A waves. Motivations behind M&A transactions. The acquisition process and valuation methods. Buyer's perspective of analysis. Types of sales. Introduction to the steps of the acquisition process. First macro phase: prior strategic analysis and evaluation. Second macro phase: negotiation. Third macro phase: integration. Main valuation methods in M&A transactions. Discounted cash flow method. The methods of multiples: the relative valuation. The evaluation of synergies. EssilorLuxottica and GrandVision case study. The eyewear industry. Industry player. Acquisition of GrandVision by EssilorLuxottica. GrandVision valuation. Stock trend analysis and financial performance of EssilorLuxottica. Empirical analysis of M&A deals in the optical sector.

References

Bibliografia e sitografia: pp. 111-114.

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:	Advanced corporate finance
Thesis Supervisor:	Murro, Pierluigi
Thesis Co-Supervisor:	Santella, Rosella
Academic Year:	2022/2023
Session:	Autumn
Deposited by:	Alessandro Perfetti
Date Deposited:	27 Jun 2024 10:16
Last Modified:	27 Jun 2024 10:16
URI:	https://tesi.luiss.it/id/eprint/39133

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