Download ~ Pharma M&A versus alliances and its underlying value drivers " by Heiko Schön ~ Book PDF Kindle ePub Free
eBook details
- Title: Pharma M&A versus alliances and its underlying value drivers
- Author : Heiko Schön
- Release Date : January 18, 2015
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 38193 KB
Description
From a capital market perspective, the author analyzes Merger and Acquisitions transactions (M&A) and in-licensings in the pharmaceutical industry between 1998 and 2012. Utilizing the event study methodology, the volume shows that M&A experiences significant, negative cumulative average abnormal returns whereas in-licensings are able to create value. But what are the underlying value drivers which make a deal a success or a failure story? The author derives significant innovative determinants of success for both strategies.