Professional Documents
Culture Documents
Date
Topic
20th Feb
Corporate Reconstruction
22nd Feb
27th Feb
1st Mar
NB: Role of Senior Advisor is infused into questions from above syllabus area
Lecturer: Joel Romaner Email: jromaner@lsbf.org.uk
1.0 Role of Senior Financial Advisor in Multinational
Organisation
Page
Question
Topics Covered
D16 Q1 Morado
Page
Question
Topics Covered
20
J13 Q4 LIMNI
Dividend Policy
2.0 Advanced Investment Appraisal
sources of finance
Page
Question
Topics Covered
D14 Q3 RIVIERE
J15 Q1 YILANDWE
International NPV / assumptions & Risks
D15 Q4 � MOONSTAR
J16 Q4 Furlion
D16 Q2 Fenhurst
Page
Question
Topics Covered
52
66
68
. Advise upon the criteria for choosing an appropriate target for acquisition.[3]
. Failure rate of acquisitions in enhancing shareholder value.[3]
. Revenue synergy / Cost synergy / financial synergy.
. Reverse takeover
2. Valuation for acquisitions and mergers
. Problem of overvaluation / Growth in earnings / Value creation
. Risk profile & exposure / valuing high growth start-ups.
3. Regulatory framework and processes
. Regulatory framework for mergers and acquisitions
. Identify the main regulatory issues / Shareholders� best interests / Appropriate
defence�s
4. Financing acquisitions and mergers
. Compare the various sources of financing available
. Recommend the most appropriate offer to be made.
. Impact on the reported financial position and performance
Page
Question
Topics Covered
D14 Q1 NAHARA
D15 Q1 CIGNO
J16 Q2 Louieed
Page
Question
Topics Covered
84
Q66 SIGRA
85
87
Equity value (com asset beta & WACC) / acq premiums / funds
88
1. Financial reconstruction
. Determine if appropriate strategy
. Reaction of capital market
. Impact upon the value
2. Business re-organization
. Strategies for unbundling
. Financial and other benefits
. Financial issues relating to a management buy-out and buy-in.
Page
Question
Topics Covered
J15 Q2 CHAWAN
J15 Q3 BENTO
D15 Q3 � FLUFFTORT
Page
Question
Topics Covered
51
98
Page
Question
Topics Covered
D14 Q2 KESHI
J15 Q4 DAIKON
D15 Q2 � ARMSTRONG
J16 Q1 Lirio
Page
Question
Topics Covered
108
109
111
122