Chat with us, powered by LiveChat TACC613 Mergers and Acquisitions? Autumn 2021? ? Individual Assignment Guidelines? For this assignment, - Aqhomework

TACC613 Mergers and Acquisitions? Autumn 2021? ? Individual Assignment Guidelines? For this assignment,


TACC613 Mergers and Acquisitions 

Autumn 2021 


Individual Assignment Guidelines 

For this assignment, you should analyse the merger between A P Eagers (ASX: APE) and Automotive Holding Group Ltd (ASX: AHG) in 2019. 

You should analyse the deal based on the information available at the time of the deal announcement. 

The assignment write-up should be about 1000 words (up to 2 pages long). You can add two more page of appendix of tables and graphs 

 You have to make your own graphs and tables — you should not copy graphs and tables from other sources). 

You should include a list of references: this will not count towards the page limit. Your write-up should address the following points: 

  •   Overview of acquirers’ (A P Eagers) industry and its business and discussion of acquirer’s business plan/strategy and its merger strategy (about one page)
  •   The analysis should be based mainly on lecture 2 and include the following elements:

o Industry analysis: Porter’s five forces and industry trends and developments applied to the 

 Given the page limit, only the most important/relevant factors should be highlighted. 

  •   Discuss one or two of Porter’s five forces.
  •   Discuss one of two industry trends

o Company analysis: Analysis of the company’s financial performance
o Discuss how the current merger relate to the company’s business plan and strategy. 

  •   Deal Rationale (about one page)
  •   Justify or criticise the deal concept and explain the logic (or lack thereof) of the deal.

o Using tools and concepts from lecture 1 (and the three slides on synergy in lecture 3), describe the motivations and the rationale for the deal. 

 What are the sources of synergy and value creation? Be specific and detailed.  What other objectives/reasons are behind the deal?
 Are there bad reasons for the deal? 

o Was the deal reasonably priced and correctly timed? 1 


Autumn 2021 TACC613 Mergers and Acquisitions 


Do a comparable company valuation of the target (Automotive Holding Group) — see Lecture 4, slides 39 & 40 for how to conduct this analysis. 

o Trytolinkthedealrationalewiththeindustry/companyanalysesabove. 

  •   How does the current deal fit with your analysis of acquirer’s business plan — i.e., is
    this deal a good ‘strategic fit’ for the acquirer?
  •   Does the deal make sense in a long-term or ‘strategic’ sense?

 The bullet-points above are given as a guide to organise your write-up.
o You do not need to address all the bullet points, and you may want to use other 

concepts/frameworks from lectures 1 & 2, including the annex slides, in your write-up.
 Please be aware that all factors are not equally important in all deals, so you should vary the emphases 

on different points as appropriate.
o Try to think what is the strategic challenge facing the industry and the firm, and what are the 

major reason(s) for this particular deal.
o Then organise your write-up so the analyses support your conclusions on these issues. 

 Your write-up should be based on thorough research. You should use all of the following sources to gather the necessary background information: 

o Bidder and target’s annual reports, bidder’s statement and target’s statement (or scheme booklet, for Scheme deals) — these are available from ASX: 

o You should also consult other ASX announcements of the bidder and the target around the proposal of the deal. 

o Industryreports,e.g.,IBISWorldindustryreport
o News articles about the industry and mergers in the industry and about the bidder and the 

target. You can use google search to find relevant articles. 

Assessment Criteria: 

  •   The following criteria will be used to assess the assignment:
    1. Quality of your analysis and the soundness of your arguments and logic as evidenced by your ability to analyse and discuss the factors driving the acquisition decision (the deal rationale).
    2. Ability to apply the theories and concepts introduced in the lectures to analyse the deal rationale.
    3. Clarity of writing and quality of presentation.
  •   Some additional guidelines:

o You should support your arguments and claims with evidence.
o Your analyses should build up to a conclusion, and should not be just a series of unconnected 

observations and statements.
o You should not include information that is not relevant for your arguments and conclusions. o The language of the report should be clear, concise, coherent and grammatically correct. 


Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

Do you need help with this question?

Get assignment help from Paper Writing Website and forget about your problems.

Aqhomework provides custom & cheap essay writing 100% original, plagiarism free essays, assignments & dissertations.

With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Click Order now to access our order form, fill your paper details correctly, select your paper deadline and wait for our writers to send a perfectly written assignment. 

Chat with us today! We are always waiting to answer all your questions.