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European Banking M&A

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Product Details

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783835093171
Condition
New
Product Description

Zwar hat der nationale Konsolidierungsprozess europischer Banken im letzten Jahrzehnt enorm an Geschwindigkeit gewonnen, in den greren europischen Lndern steht er jedoch trotz der Vielzahl bereits vollzogener Akquisitionen und Zusammenschlsse noch am Anfang. Hinzu kommt, dass ein intensiver Konzentrationsprozess ber nationale Grenzen hinweg zu erwarten ist. Johannes-Tobias Lorenz analysiert Mergers & Acquisitions europischer Banken zwischen 1990 und 2002. Er untersucht die resultierenden Wertsteigerungseffekte fr Aktionre und Bondsbesitzer und die wichtigsten Determinanten der Wertschaffung. Im Mittelpunkt stehen die Ankndigungseffekte auf M&A und ihre Determinanten fr drei verschiedene Samples: bernahmen brsennotierter Targets, bernahmen nicht brsennotierter Targets sowie abgesagte M&A-Transaktionen. Durch die Analysen der Bondskursreaktionen ist erstmals eine umfassende Darstellung der Wertsteigerungseffekte aus Sicht aller beteiligten Investoren mglich.

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