Introduction to Mergers and Acquisition BANK3000 Assessment

BANk3000: Introduction to Mergers and Acquisition

Assessment task 1: Group project

Final Grade weight: 50% in total for two parts

1. 
   

   Project overview:

Students are to select a successful (recommended) or a failed M&A case carried out or attempted by a listed firm from any stock exchange in the world, and conduct a detailed analysis of it. Please show all your workings and explain your findings.

Important Note on M&A Case Selection

Please do not choose M&A deals involving financial firms, such as banks, insurance companies, or investment banks. Additionally, please avoid cases where the acquisition involves a leasing transaction or where the target is a leasing asset. The concepts taught in this unit do not apply to these special cases, so selecting them may not be suitable for analysis.

Please ensure that you can obtain the target firms annual report from before the M&A deal, as well as the acquiring firms annual reports from both before and after the deal. Additionally, make sure you have access to the acquiring firms stock price data for the period before and after the transaction. It is recommended that you select a case where both the target and acquiring firms are publicly listed.

Assessment task 1, is a group project that contains two parts as indicated below:

To pass this unit, students have to attempt and submit all parts of Assessment task 1.

2. Group forming

1. Groups should consist of 3 to 5

1. A group sign-up form should be returned to your local instructor by week 3. Please indicate the target firm and acquiring firm in your group sign-up You can change your case, but please inform your instructor first. Students who do not return the form by week 3 will be allocated to groups randomly with those who have not found a group and will have a further week to meet with group members, choose an M&A case, and return the completed sign-up form to the instructor. Students who do not follow this guideline and fail to return the group sign-up form and M&A case to the instructor by the end of week 4, will be allocated a score of zero for this assessment.

1. Students are required to meet regularly (at least once a week) and all students forming part of the groups are required to equally contribute to the group project. A weekly meeting diary is strongly Please note a penalty of 50% will be conferred on individuals that the team determines have not contributed appropriately. Evidence is required.

1. Any teamwork issues should be reported to the instructor by week After week 5, any issues related to team member contribution will not be considered. All group members will be awarded the same final mark if no group member contribution issues.

3. Assessment submission:

All assessments must be submitted via Turnitin. The similarity score of your report generated from Turnitin should be less than 20%. It must be professionally typed; no handwritten submissions will be accepted. The font size used in the documents submitted for assessment should not be less than 12; the line spacing should be at least 1.5; the side margins should be

2.5cm on the left and right; and the top and bottom margins should both be at least 2.0 cm. Also please take note of the following:

• Your work must be assessable in Turnitin. Scanned graphics, where figures or text are not recognized and correctly displayed in submitted documents, will not be marked.

• Only your final submission will be marked. Subsequent email attachments after the assessment due date will not be No pre-marking will be done to assist students before final submissions.

• The process described in the unit outline applies to all assessment extension

• Please save your partially completed work often. Consider services like OneDrive, iCloud, Google Drive, Dropbox, etc. Most providers allow control of the frequency of automatic syncing. We recommend syncing every time documents are saved and changing settings on Microsoft word to do autosave every 5 The student advisers and tutors can give some guidance on this if assistance is required. A hard drive/computer failure may not warrant an extension. Please also retain electronic copies of documents until the final exam is completed for further reference.

4. Part 1 of assessment task 1: M&A strategies

• Group project

• Due date: 5 pm AWST, Monday, 31 March 2025

• Total marks: 15% of the final results for this unit

• Page limit: No more than 3 pages excluding references and appendixes

• Format: It must be professionally typed; no handwritten submissions will be The font size used in the documents submitted for assessment should not be less than 12; the line spacing should be at least 1.5; the side margins should be 2.5cm on the left and right; and the top and bottom margins should both be at least 2.0 cm.

To complete part 1 of assessment task 1, students need to form groups, choose an M&A case, and conduct some analysis of the case that has been selected. Such analysis is not limited to but should include the type of M&A, M&A strategies, M&A defence, and M&A motivation. Students should focus on the following key topics and questions in part 1 of assessment task 1:

Guideline for case presentation (guide only)

The purpose of this assessment is to assess the ability of students to analyse M&A strategies based on the information and data collected and how well they can apply the theories discussed in this unit to a real-life example. Therefore, please explain the reasons for your findings.

Please note that these questions are not meant to be comprehensive as all merger cases are very different based on the information available. You can add interesting questions (supported by answers) that you come up with.

5. Part 2 of assessment task 1: M&A valuation and presentation

• Group project

• Due date: 5 pm AWST, Monday, 12 May 2025; Group presentations are scheduled at seminar time in Week 12.

• Total marks: 35% of the final results for this unit (25 marks for report and 10 marks for presentation)

• Page limit: No more than 5 pages (A4 sheet size) excluding references and appendixes

• Format: It must be professionally typed; no handwritten submissions will be The font size used in the documents submitted for assessment should not be less than 12; the line spacing should be at least 1.5; the side margins should be 2.5cm on the left and right; and the top and bottom margins should both be at least 2.0 cm.

• Presentation: 10 minutes followed by 2 minutes for questions and answers. Maximum of 10 slides. It is scheduled during seminar time in Curtin semester 1 week 12.

Part 2 of assessment task 1 requires students to value the M&A case selected in Part 1 of assessment 1 by using different valuation methods and to make recommendations to the shareholders.

To complete this assessment, each group will need to submit a formal business report to their local instructor. An electronic copy of the report should be submitted through Turnitin on Blackboard before the abovementioned due date and time.

Each group will also conduct a presentation about the findings during the seminar time in week 12. The presentation time allowed is 10 minutes followed by 2 minutes for questions and answers. Rehearsing the timing of the presentation is highly recommended, as marks are awarded for timing also. All group members will receive the same marks for the presentation. The presentation slides should contain a maximum of 10 slides.

Students should focus on the following key topics and questions in Part 2 of assessment task 1:

Guideline for Part 2 of assessment task 1 (guide only)

The purpose of this assessment is assessing your analysis of the M&A valuation based on the data collected and how well you can apply the valuation methods discussed in this unit to a real-life example. Please explain the reasons for your findings.

Please note that these questions are not meant to be comprehensive as all merger cases are very different based on the information available. You can add interesting questions that you come up with.