- Docente: Massimo Spisni
- Credits: 6
- SSD: SECS-P/09
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Forli
- Corso: Second cycle degree programme (LM) in Economics and management (cod. 9203)
Learning outcomes
This course is designed to introduce students to the financial and contractual aspects that characterize extraordinary finance operations and their application. At the end of the course the student will be able to analyse the main corporate control transactions, such as mergers and acquisitions, spin-offs, carve-outs, leveraged buy out and turnaround operations, in the light of the value creation to shareholders principle.
Course contents
Mergers and acquisitions
Valuation of options and convertible bonds
Leasing
Value and prices in the market for corporate control: acquisition values and fair market values
Case studies
Readings/Bibliography
Some chapters of: R. Brealey, S. Myers, F. Allen, S. Sandri, Principi di Finanza Aziendale, McGraw Hill Libri Italia, 2011.
Reading material will be distributed during the course.
Teaching methods
Lectures
Practical exercises
Case studies
Assessment methods
Valuation is based on a written exam.
Office hours
See the website of Massimo Spisni