Conduct comprehensive valuation on the acquire

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Reference no: EM133196907 , Length: Words Count:1500

Assignment:

Specific Tasks

• Conduct in-depth background research to enhance the analysis of the acquisition event. Such research should demonstrate in-depth understanding on the working of the sector. You should set up a timeline (see Section 3 below) to reflect the chronicle of events and key dates.

• Conduct comprehensive valuation on the acquirer and acquiree prior to the acquisition announcement. Your valuation should use relevant valuation technique(s) to arrive at an appropriately discounted present value (per share)

• Evaluate the extent of price impacts on the acquirer and acquiree following the news announcements on acquisition. Does the movement of share price reflect the insights from Efficient Market Hypothesis (EMH)?

This assignment is a Group coursework report based on a case study of Merger and Acquisition (M&A) event based on the above case study of AbbVie Inc.'s (NYSE:ABBV) acquisition of Allergan plc (NYSE:AGN). The purpose of the report is to develop relevant Excel templates to provide valuation and interpret price impacts following the event.

• Conduct in-depth background research to enhance the analysis of the acquisition event. Such research should demonstrate in-depth understanding on the working of the sector. You should set up a timeline (see Section 3 below) to reflect the chronicle of events and key dates.

Conduct comprehensive valuation on AbbVie Inc.'s (NYSE:ABBV) and Allergan plc (NYSE:AGN) prior to the acquisition announcement. Your valuation should use relevant valuation technique(s) to arrive at an appropriately discounted present value (per share) for AbbVie Inc.'s (NYSE:ABBV) and Allergan plc (NYSE:AGN)

• Evaluate the extent of price impacts on AbbVie Inc.'s (NYSE:ABBV) and Allergan plc (NYSE:AGN) following the news announcements on acquisition. Does the movement of share price reflect the insights from Efficient Market Hypothesis (EMH)?

Structure

You have been asked to produce a report. It should contain the following:

• Appropriate coversheet (as attached in this document - please ensure appropriate coversheet is attached to your assessment brief)

• Title Page, including the given title in full.

• Contents Page

• Introduction

• Main body, which should also be organised under appropriate headings.

• Conclusion

• Appendices, which should be numbered.

o Make sure you refer your reader to them as required.

Layout

Your work should be word processed in accordance with the following:

• Font style, Arial, font size 12

• 1.5 line spacing.

• The page orientation should be ‘portrait'

• Margins on both sides of the page should be no less than 2.5 cm

• Pages should be numbered

• Your name [should/should not - delete as required] appear on the script.

• Your student number should be included on every page.

Please read the S&P Capital IQ Transaction Summary for AbbVie Inc.'s (NYSE:ABBV) acquisition of Allergan plc (NYSE:AGN). Perform the following tasks of analysis and write up your finding and research in a report format, both Group Coursework 1, and Individual Coursework 2.

You are encouraged to conduct research on the effects of the news on share price and outline your analysis of the event. This is an ongoing case of M&A. The study should emphasize the state of the play, valuation and trading strategy going forward. Students are encouraged to take a forward-looking view on the future of the acquisition event.

1. Demonstrate knowledge of the purpose and functions of global financial markets

2. Analyse the role of financial market data in supporting business decisions

3. Critically evaluate the impact of the global financial markets on the business environment

4. Demonstrate the ability to analyse and present quantitative data to support an argument.

5. Use information technology to analyse and communicate financial data

Word Count 1500

Attachment:- Merger and Acquisition Case Study.rar

Reference no: EM133196907

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