Cross–Border Mergers and Acquisitions

Praise for Cross–Border Mergers and Acquisitions

"Cross–border M&A is the new norm in a flat world. This book provides the nuts and bolts view of what it takes to be successful in this endeavor. The practical experience of the authors comes through in the book and that is very useful for anybody venturing into bringing together two companies from different geographies."
Srikantan Moorthy, Executive Vice President, Infosys

"Mergers and acquisitions is an inevitable choice for Chinese companies going global. The methodology and experience shared from this book provides an excellent reference for them."
Pi Shui, President and Editor–in–Chief, China Times

"A comprehensive overview of cross–border M&A touching on strategic rationale, deal process, and key focus areas for integration that not only provides tangible examples from prior deals, but also practical tools for application."
Don Yakulis, Vice President, Corporate Development Operations and Integration, Visa

"This book provides clear guidance on cross–border M&A. The combined knowledge from these practitioners sets the international standard for deal execution. It is a must–read for any executive leading global business expansion, whether in developed or emerging markets."
Dr. Charles Wang, General Manager and Global Head of M&A, Yili Group

"Cross–Border Mergers and Acquisitions gives the reader all the tools required to help prepare an organization to address the complexity and inherent risk associated with M&A transactions."
Eran Katz, SVP, Chief Business Processes Officer, Teva Pharmaceutical Industries

"Thought provoking and comprehensive. A well–balanced practitioner′s guide about one of the most up–to–date business topics these days. Clearly a must–read for the international business leader."
Thomas Kipp, CEO, DHL eCommerce, Deutsche Post DHL

Preface

About the Author

About the Contributors

Part I Cross–Border Strategy and Deal Planning

1 Cross–Border Deal Evolution and Rationale
Gilles Ourvoie

2 Cross–Border M&A Strategy and Deal Planning Essentials
Michael Holm

3 Legal, Financial, Social, and Political Interdependencies with Cross–Border Integration
Andrew Scola

4 Trends and Leading Practices in Global M&A
Thomas Kessler

5 Cross–Border M&A: Region– and Country–Specific Trends and Deal Planning Tips
Michael Holm

Part II Cross–Border Culture and Leadership Alignment

6 Leading during Cross–Border M&A
Scott Whitaker

7 The Role of Culture in Cross–Border M&A
Christophe Van Gampelaere

8 Managing National Reactions and Sovereignty Issues
Gilles Ourvoie

Part III Cross–Border Integration, Planning, and Execution

9 Managing Pre PMI Due Diligence
Eitan Grosbard

10 Ramping Up an Integration Management Office and Day One in Cross–Border Deals
Stefan Hofmeyer

11 Integration Decision Making and Process Strategy in Cross–Border Deals
Stefan Hofmeyer

12 Post–Merger Integration Process, Methodologies, and Tools
Thomas Kessler

13 Managing Post–Merger Integration Globally
Eitan Grosbard

14 Country–Specific Trends and Tips for Integration Planning
Christophe Van Gampelaere

15 M&A and PMI Considerations for China and Japan
Robert Ping Yu, Makoto Ideno, and Masaki Yamamoto

16 Cross–Border Synergy Program Management
Michael Holm

Part IV Unique Cross–Border M&A Transaction Scenarios

17 Managing Carve–Outs and Transaction Service Agreements
Andrew Scola

18 Joint Ventures
Thomas Kessler

Index

SCOTT C. WHITAKER has been involved in over two dozen mergers and acquisitions totaling nearly $100 billion in value. His industry experience includes health care, financial services, telecommunications, gaming, hospitality, chemicals, oil and gas, industrial manufacturing, retail, and consumer durables. Scott has worked internationally in Canada, China, Europe, and Africa on a variety of assignments, and specializes in establishing Integration Management Offices (IMOs) and helping companies develop integration playbooks. He is the author of Mergers and Acquisitions Integration Handbook.