Date: 3/3/2021
Event start time: 12:00 PM
Event end time: 4:00 PM
Category: Seminar
Price: Members - $395; Non-Members $445
Register

Understanding and Evaluating M&A  (4 Hour Live Virtual Workshop)

Wednesday, March 3, 12 pm - 4 pm ET 
 

Developing Skills Level
Prerequisites: Capital Markets Essentials & Financial Information Essentials (or equivalent knowledge)

If your company or your clients get involved in M&A, then this course is a must. It will show you how investors, analysts and the financial media evaluate deals from a strategic and financial perspective, including deal funding - everything you need to understand whether or not a deal creates value.


LEARNING OBJECTIVES

  • Appreciate the rationales for deals and the perspective of investors/analysts
  • Be able to evaluate the deal from both sides
  • Understand what needs to be communicated

COURSE PROGRAM

The Big Picture
  • Why companies do deals – good and bad reasons
  • Impact of the external environment
  • Who gets the best deal – seller or buyer?
  • Typical deal timeline
Deal Funding
  • Equity funded deals
  • Debt funded deals
  • Why a mixture is often most appropriate
  • Impact on EPS and on value creation
Evaluating Deals
  • Impact on EPS – dilution and accretion
  • Value creation and how to measure it
  • Short cuts used by Lex (FT), Heard on the Street (WSJ), and Breakingviews
  • Case study and real life examples – good and not so good
Summary and Conclusion
 

WHAT'S INCLUDED?

  • Access to a virtual classroom with an online course to help you consolidate your learning after the workshop
  • Color-coded course materials
  • A copy of The FinanceTalking Financial Glossary (pdf)
  • Email or phone your tutor if you have questions or you’d like to discuss further any concepts covered on the course

AN INTERACTIVE EXPERIENCE USING SIMPLE TECHNOLOGY

  • Small group, interactive workshops delivered using Zoom
  • Access the event on your laptop or tablet (or even your phone)
  • Discussions and case studies via breakout groups
  • Quizzes and polls

Questions? Contact us at prodev@niri.org.
IRC
® credential holders can earn 2 professional development units (PDUs). More information is available at www.niri.org/certification.

All cancellation and refund requests must be submitted in writing via email to ProfessionalDevelopment@niri.org. Cancellation requests received up to 2 weeks (10 business days) before the event will be refunded in full, less a $50 administrative fee. No refunds will be given for cancellation or postponement requests received within 2 weeks (10 business days) of the event, including no-shows. All refunds will be processed within 10 business days of confirmation and in the same manner as original payment.
 


Speaker(s):

Miranda Lane

Miranda Lane

Managing Director, FinanceTalking, Ltd.

Miranda has 16 years’ experience of teaching finance to people who do not have a financial background.  This and her broad City experience in investment banking and financial communications enable her to explain complex subjects in simple ways.
  • Qualified as a Chartered Accountant in 1985 with Touche Ross in London
  • Worked for investment bank, Morgan Grenfell, analysing companies
  • Financial PR and Investor Relations in two leading consultancies
  • Gained invaluable experience freelancing for a City training company, teaching analysis of financial statements and equity analysis
  • Over the last 16 years, Miranda has taught people from well over 50% of the FTSE100 companies, and most of the leading financial PR consultancies in the UK as well as companies from continental Europe, Asia, the Middle East, Russia and Ukraine.
Miranda founded FinanceTalking to provide the best financial training to the corporate communications world.  She designs and teaches highly relevant, practical courses for FinanceTalking and for companies' in-house training programmes.