{"product_id":"cross-border-mergers-and-acquisitions-isbn-9781119042235","title":"Cross-Border Mergers and Acquisitions","description":"\u003cb\u003eNavigate cross border M\u0026amp;A for a flawless integration execution\u003c\/b\u003e \u003cp\u003e\u003ci\u003eCross Border Mergers and Acquisitions\u003c\/i\u003e is a practical toolbox for corporate strategy and development professionals dealing with the many challenges involved in cross border M\u0026amp;A. With a detailed discussion of key market specifics and broadly-applicable critical insight, this book demystifies the cross border M\u0026amp;A process and provides a host of practical tools that ease strategic implementation. A geographical overview explains the trends in major M\u0026amp;A markets including Australia, Brazil, China, Russia, the U.K., and the U.S., and industry-specific guidance covers Financial Services, Aerospace and Defense, Health Care, Tech, Manufacturing, and more. Leading experts relate lessons learned while managing actual PMI (post merger integration) processes, and the discussion of cultural impacts and specific situational needs provides deep insight into the type of leadership a flawless integration requires.\u003c\/p\u003e \u003cp\u003eCorporate restructuring and internationalization efforts are increasingly relying on cross border mergers and acquisitions. Strategies, motives, and consequences are a complex navigational minefield, but this insightful guide provides solid, actionable guidance for leading a successful integration.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eUnderstand the region-specific details that make an impact\u003c\/li\u003e \u003cli\u003eOvercome common challenges and manage complex deals\u003c\/li\u003e \u003cli\u003eGain practical insight and valuable tools for leading integration\u003c\/li\u003e \u003cli\u003eLearn the most current best practices for PMI® processes\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eCross border M\u0026amp;A is complex, with myriad challenges and obstacles inherent to the situation. Successful integration and a smooth transition are critical, and there's little wiggle room—it's a situation where you have only one chance to get it right. \u003ci\u003eCross Border Mergers and Acquisitions\u003c\/i\u003e is an essential guide to the process, with key tools for execution.\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAbout the Author xv\u003c\/p\u003e \u003cp\u003eAbout the Contributors xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Cross-Border Strategy and Deal Planning\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Cross-Border Deal Evolution and Rationale 3\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eGilles Ourvoie\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Evolution of M\u0026amp;A and Cross-Border Deals 4\u003c\/p\u003e \u003cp\u003eStrategic Motives 23\u003c\/p\u003e \u003cp\u003eFactors Influencing Cross-Border Deals 28\u003c\/p\u003e \u003cp\u003eChapter Checklist 42\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Cross-Border M\u0026amp;A Strategy and Deal Planning Essentials 45\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMichael Holm\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eM\u0026amp;A Strategy Overview 45\u003c\/p\u003e \u003cp\u003eComponents of Cross-Border M\u0026amp;A Strategy 50\u003c\/p\u003e \u003cp\u003eResponsibilities and Accountability in the Organization 53\u003c\/p\u003e \u003cp\u003eTarget Company Criteria 56\u003c\/p\u003e \u003cp\u003ePrepare and Plan for a Cross-Border Deal 59\u003c\/p\u003e \u003cp\u003eChapter Checklist 63\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Legal, Financial, Social, and Political Interdependencies with Cross-Border Integration 65\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Scola\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 65\u003c\/p\u003e \u003cp\u003eLegal Impact 68\u003c\/p\u003e \u003cp\u003eFinancial Impact 78\u003c\/p\u003e \u003cp\u003eSocial Impact 81\u003c\/p\u003e \u003cp\u003ePolitical Implications 82\u003c\/p\u003e \u003cp\u003eManaging External Risks and Issues 84\u003c\/p\u003e \u003cp\u003eChapter Checklist 85\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Trends and Leading Practices in Global M\u0026amp;A 87\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eThomas Kessler\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eGlobal Transaction Trends in the Post–Financial Crisis World 88\u003c\/p\u003e \u003cp\u003eThe M\u0026amp;A Life Cycle 89\u003c\/p\u003e \u003cp\u003eDeveloping a Succinct Cross-Border Transaction Strategy 92\u003c\/p\u003e \u003cp\u003eMatching M\u0026amp;A Strategy with Transaction Reality 98\u003c\/p\u003e \u003cp\u003eSelecting the Right Candidate 102\u003c\/p\u003e \u003cp\u003ePlanning Cross-Border Due Diligence 105\u003c\/p\u003e \u003cp\u003eDefining Successful Options and Strategies for Mitigating Execution Risk in Cross-Border M\u0026amp;A Transactions 107\u003c\/p\u003e \u003cp\u003eChapter Checklist 110\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Cross-Border M\u0026amp;A: Region- and Country-Specific Trends and Deal Planning Tips 111\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMichael Holm\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 111\u003c\/p\u003e \u003cp\u003eSome Useful Cross-Border Insights and Tips 118\u003c\/p\u003e \u003cp\u003eUnderstanding Corporate versus Country Cultures When Doing Cross-Border M\u0026amp;A Deals 120\u003c\/p\u003e \u003cp\u003eChapter Checklist 123\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Cross-Border Culture and Leadership Alignment\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Leading during Cross-Border M\u0026amp;A 127\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eScott Whitaker\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eWhy Leadership is So Critical during M\u0026amp;A 128\u003c\/p\u003e \u003cp\u003eLeadership Responsibilities of Acquiring Companies 129\u003c\/p\u003e \u003cp\u003eLeadership Responsibilities of Target Companies 131\u003c\/p\u003e \u003cp\u003eLeadership Responsibilities of the Integration Management Office 133\u003c\/p\u003e \u003cp\u003eSymptoms of A Leadership Void and How to Address Them 134\u003c\/p\u003e \u003cp\u003eLeadership Leading Practices 136\u003c\/p\u003e \u003cp\u003eChapter Checklist 137\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 The Role of Culture in Cross-Border M\u0026amp;A 139\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eChristophe Van Gampelaere\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Cultural Management 139\u003c\/p\u003e \u003cp\u003eCultural Awareness 141\u003c\/p\u003e \u003cp\u003eStrategy and Culture 149\u003c\/p\u003e \u003cp\u003eImplementation 156\u003c\/p\u003e \u003cp\u003eChapter Checklist 164\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Managing National Reactions and Sovereignty Issues 167\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eGilles Ourvoie\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Ambivalent Relation between Cross-Border M\u0026amp;A and National Interest 168\u003c\/p\u003e \u003cp\u003eInward Cross-Border Deals: Key Restrictions 174\u003c\/p\u003e \u003cp\u003eInternational Differences and Similarities 189\u003c\/p\u003e \u003cp\u003eHow to Deal with Sensitive Cross-Border Transactions 190\u003c\/p\u003e \u003cp\u003eConclusion 196\u003c\/p\u003e \u003cp\u003eChapter Checklist 198\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Cross-Border Integration, Planning, and Execution\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Managing Pre–PMI Due Diligence 203\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eEitan Grosbard\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 204\u003c\/p\u003e \u003cp\u003eTraditional Due Diligence 206\u003c\/p\u003e \u003cp\u003eIntegrated Due Diligence—360-Degree Due Diligence 219\u003c\/p\u003e \u003cp\u003eConducting the Due Diligence Process 224\u003c\/p\u003e \u003cp\u003eChapter Checklist 228\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Ramping Up an Integration Management Office and Day One in Cross-Border Deals 229\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eStefan Hofmeyer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Impact of an Integration Management Office on Cross-Border Integration 229\u003c\/p\u003e \u003cp\u003eUnderstanding the Integration Management Office 232\u003c\/p\u003e \u003cp\u003eEstablishing and Executing the Integration Management Office 237\u003c\/p\u003e \u003cp\u003eDay One: Starting the Integrate and Analyze Phases 247\u003c\/p\u003e \u003cp\u003eChapter Checklist 250\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Integration Decision Making and Process Strategy in Cross-Border Deals 251\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eStefan Hofmeyer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003ePreparation and Localization of Decision Making 251\u003c\/p\u003e \u003cp\u003ePrimary Decision-Making Tools, Approaches, and Leading Practices 257\u003c\/p\u003e \u003cp\u003eLeading Practices for Global Integration Process Change 263\u003c\/p\u003e \u003cp\u003eKaizen-Based Leading Practices 266\u003c\/p\u003e \u003cp\u003eCatching the Wave of Change 268\u003c\/p\u003e \u003cp\u003eChapter Checklist 270\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Post-Merger Integration Process, Methodologies, and Tools 273\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eThomas Kessler\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe M\u0026amp;A Life Cycle 274\u003c\/p\u003e \u003cp\u003eStrategic Selection 275\u003c\/p\u003e \u003cp\u003eIntegration Due Diligence 279\u003c\/p\u003e \u003cp\u003ePre-Signing 281\u003c\/p\u003e \u003cp\u003ePost-Signing 283\u003c\/p\u003e \u003cp\u003ePost-Closing 293\u003c\/p\u003e \u003cp\u003eChapter Checklist 298\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Managing Post-Merger Integration Globally 299\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eEitan Grosbard\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 300\u003c\/p\u003e \u003cp\u003eDue Diligence 305\u003c\/p\u003e \u003cp\u003eRelate 306\u003c\/p\u003e \u003cp\u003eAnalyze 316\u003c\/p\u003e \u003cp\u003eIntegrate 318\u003c\/p\u003e \u003cp\u003eChapter Checklist 319\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Country-Specific Trends and Tips for Integration Planning 321\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eChristophe Van Gampelaere\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eOpening 321\u003c\/p\u003e \u003cp\u003eA Cultural Overview of the Most Active M\u0026amp;A Regions 323\u003c\/p\u003e \u003cp\u003eAnglo-Saxon Regions 324\u003c\/p\u003e \u003cp\u003eAsian Countries 328\u003c\/p\u003e \u003cp\u003eEuropean Countries and Regions 334\u003c\/p\u003e \u003cp\u003eSummary 337\u003c\/p\u003e \u003cp\u003eChapter Checklist 338\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 M\u0026amp;A and Post-Merger Integration Considerations for China and Japan 339\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eRobert Ping Yu, Makoto Ideno, and Masaki Yamamoto\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eOverview of M\u0026amp;A Trends in China 339\u003c\/p\u003e \u003cp\u003eIssues and Approaches for Inbound M\u0026amp;A in China 343\u003c\/p\u003e \u003cp\u003eIssues and Approaches for Outbound M\u0026amp;A from China 353\u003c\/p\u003e \u003cp\u003eChapter Checklist for Part 1: China 356\u003c\/p\u003e \u003cp\u003eOverview of M\u0026amp;A and Post-Merger Integration in Japan 357\u003c\/p\u003e \u003cp\u003eIssues and Approaches for Outbound M\u0026amp;A and Post-Merger Integration from Japan 358\u003c\/p\u003e \u003cp\u003eIssues and Approaches for Inbound M\u0026amp;A and Post-Merger Integration in Japan 361\u003c\/p\u003e \u003cp\u003eChapter Checklist for Part 2: Japan 365\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Cross-Border Synergy Program Management 367\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eMichael Holm\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 367\u003c\/p\u003e \u003cp\u003eDefining and Validating Synergies 371\u003c\/p\u003e \u003cp\u003eStructuring Synergy Programs 376\u003c\/p\u003e \u003cp\u003eCritical Actions to Capture Synergies 378\u003c\/p\u003e \u003cp\u003ePost-Closing Due Diligence 384\u003c\/p\u003e \u003cp\u003eChapter Checklist 388\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four Unique Cross-Border M\u0026amp;A Transaction Scenarios\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Managing Carve-Outs and Transition Service Agreements 391\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eAndrew Scola\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Divestitures and Carve-Outs 391\u003c\/p\u003e \u003cp\u003eThe Context of Divestiture Impacts Carve-Out Processes 392\u003c\/p\u003e \u003cp\u003eDivestiture Program Overview 394\u003c\/p\u003e \u003cp\u003ePlanning a Carve-Out and Transition 395\u003c\/p\u003e \u003cp\u003eProgram Structure 398\u003c\/p\u003e \u003cp\u003eManaging the Transition Service Agreement 407\u003c\/p\u003e \u003cp\u003eChapter Checklist 409\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Joint Ventures 411\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eThomas Kessler\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eThe Joint Venture Life Cycle 411\u003c\/p\u003e \u003cp\u003eChapter Checklist 423\u003c\/p\u003e \u003cp\u003eIndex 425\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eSCOTT C. WHITAKER\u003c\/b\u003e 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 \u003ci\u003eMergers and Acquisitions Integration Handbook.\u003c\/i\u003e  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe Complete Package for Flawless Execution of Cross-Border M\u0026amp;A\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCross-border mergers and acquisitions (M\u0026amp;A) can be one of the most intense and chaotic periods a company will ever experience. Finally, mindful executives have a practical guide to execute mergers and acquisitions in the reality of today's diverse global economy—\u003ci\u003eCross-Border Mergers and Acquisitions.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eIn this anticipated follow-up to \u003ci\u003eMergers and Acquisitions Integration Handbook,\u003c\/i\u003e distinguished M\u0026amp;A expert Scott Whitaker delivers his popular brand of solid, actionable guidance to the complex process of cross-border M\u0026amp;A. \u003c\/p\u003e\u003cp\u003eWhitaker has assembled ten leading experts representing the nine countries where the majority of global M\u0026amp;A activity occurs, who have collectively managed several hundred M\u0026amp;A transactions across dozens of industries. The expert contributors examine mission-critical topics, such as cross-border strategy and deal planning, culture and leadership alignment, integration planning and execution, and unique cross-border M\u0026amp;A transaction scenarios including carve-outs and divestitures. \u003c\/p\u003e\u003cp\u003eReaders will gain unique perspectives and guidance to help them understand the complexities and risks of doing M\u0026amp;A across national, cultural, and linguistic boundaries, including: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eLegal, financial, social, and political interdependencies with cross-border integration\u003c\/li\u003e \u003cli\u003eRegion- and country-specific trends and deal planning tips\u003c\/li\u003e \u003cli\u003eThe role of culture in cross-border M\u0026amp;A\u003c\/li\u003e \u003cli\u003eM\u0026amp;A considerations for China and Japan\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eCross-Border Mergers and Acquisitions\u003c\/i\u003e gives you the tools, strategies, and real-world coaching you need to stand out as a master of international M\u0026amp;A execution. With this widely versatile action-oriented guide at your fingertips, you will learn how to: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eConfidently lead full life cycle transactions by identifying, understanding, and mitigating cross-border challenges\u003c\/li\u003e \u003cli\u003eEffectively deliver work streams and tasks with internationally proven tools and methodologies\u003c\/li\u003e \u003cli\u003eMaximize synergies by establishing robust governance and integration playbooks\u003c\/li\u003e \u003cli\u003eAchieve sustainable results with culture-building insights and action\u003c\/li\u003e\n\u003c\/ul\u003e   \u003cp\u003e\u003cb\u003eThe Complete Package for Flawless Execution of Cross-Border M\u0026amp;A\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eCross-border mergers and acquisitions (M\u0026amp;A) can be one of the most intense and chaotic periods a company will ever experience. Finally, mindful executives have a practical guide to execute mergers and acquisitions in the reality of today's diverse global economy—\u003ci\u003eCross-Border Mergers and Acquisitions.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eIn this anticipated follow-up to \u003ci\u003eMergers and Acquisitions Integration Handbook,\u003c\/i\u003e distinguished M\u0026amp;A expert Scott Whitaker delivers his popular brand of solid, actionable guidance to the complex process of cross-border M\u0026amp;A. \u003c\/p\u003e\u003cp\u003eWhitaker has assembled ten leading experts representing the nine countries where the majority of global M\u0026amp;A activity occurs, who have collectively managed several hundred M\u0026amp;A transactions across dozens of industries. The expert contributors examine mission-critical topics, such as cross-border strategy and deal planning, culture and leadership alignment, integration planning and execution, and unique cross-border M\u0026amp;A transaction scenarios including carve-outs and divestitures. \u003c\/p\u003e\u003cp\u003eReaders will gain unique perspectives and guidance to help them understand the complexities and risks of doing M\u0026amp;A across national, cultural, and linguistic boundaries, including: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eLegal, financial, social, and political interdependencies with cross-border integration\u003c\/li\u003e \u003cli\u003eRegion- and country-specific trends and deal planning tips\u003c\/li\u003e \u003cli\u003eThe role of culture in cross-border M\u0026amp;A\u003c\/li\u003e \u003cli\u003eM\u0026amp;A considerations for China and Japan\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eCross-Border Mergers and Acquisitions\u003c\/i\u003e gives you the tools, strategies, and real-world coaching   you need to stand out as a master of international M\u0026amp;A execution. With this widely versatile action-oriented guide at your fingertips, you will learn how to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eConfidently lead full life cycle transactions by identifying, understanding, and mitigating cross-border challenges\u003c\/li\u003e \u003cli\u003eEffectively deliver work streams and tasks with internationally proven tools and methodologies\u003c\/li\u003e \u003cli\u003eMaximize synergies by establishing robust governance and integration playbooks\u003c\/li\u003e \u003cli\u003eAchieve sustainable results with culture-building insights and action\u003c\/li\u003e \u003c\/ul\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989008761061,"sku":"NP9781119042235","price":79.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119042235.jpg?v=1761782415","url":"https:\/\/k12savings.com\/products\/cross-border-mergers-and-acquisitions-isbn-9781119042235","provider":"K12savings","version":"1.0","type":"link"}