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  • Corporate Strategy A Conceptual Framework

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    The businesses are becoming more complex and interdependent. Businesses are entering into mergers and acquisitions on a regular basis, with the intention of improving their competitiveness and enhancing their performance. In such complex businesses, the value of the business that is being acquired or merged depends on how much it is worth in comparison to the value of the target business. There are various methods used for business valuation, but we will focus on one of the most commonly used methods – discounted cash flow (DCF) analysis. Let us understand D

    Evaluation of Alternatives

    Background to the subject: Mergers and acquisitions (M&As) continue to be the preferred method by corporations to expand their operations and gain new opportunities. Companies are acquiring firms of varying sizes and sectors due to economic pressures and business opportunities. The purpose of this report is to identify key issues related to business valuation in M&As. This report will use the case study of SAP and its acquisition of Business Objects as an illustration. Background: In June 2013, Software AG and