Module 12 — Financial and Strategic Implications of Mergers and Acquisitions

Module Learning Objectives

Lead	Component
C2: Evaluate opportunities for merger, acquisition and divestment.	(a) Evaluate the financial and strategic implications of proposals for mergers and acquisitions.
	(b) Evaluate the financial and strategic implications of demergers and divestments.

Sections in This Module

Section	Topic
12.1 — Overview of Module	Types of merger, terminology, indicative syllabus content
12.2 — The Reasons for Growth by Acquisition or Merger	Market share, economies of scale, complementary needs, efficiency