Wow! eBook
Creating Value in Insurance Mergers and Acquisitions 2009th Edition
Author(s): Andreas Schertzinger (Author), Prof. Dr. Dirk Schiereck (Foreword)
- Publisher: Gabler Verlag
- Publication Date: 28 April 2009
- Edition: 2009th
- Language: English
- Print length: 366 pages
- ISBN-10: 9783834914545
- ISBN-13: 9783834914545
Book Description
Andreas Schertzinger identifies determinants of successful transactions, such as transaction timing and diversifying transaction strategy, through a multivariate statistical analysis. Two case studies illustrate success factors specifically related to the conduct of transactions in greater detail.
Editorial Reviews
From the Back Cover
The fundamental economics of the European insurance industry and specifically the impact of the recent economic crisis on the financial services sector are likely to cause a wave of M&A transactions in the insurance sector. An event study of the previous M&A cycle in the European insurance industry shows that M&A transactions on average achieve short-term value creation. However, there is a significant dispersion among individual transactions and, in the long term, the average M&A transaction destroys value.
Andreas Schertzinger identifies determinants of successful transactions, such as transaction timing and diversifying transaction strategy, through a multivariate statistical analysis. Two case studies illustrate success factors specifically related to the conduct of transactions in greater detail.
About the Author
Dr. Andreas Schertzinger promovierte bei Prof. Dr. Dirk Schiereck am Stiftungslehrstuhl Bank- und Finanzmanagement der European Business School Oestrich-Winkel. Er ist heute als Unternehmensberater für McKinsey & Company, Inc., New York, tätig.
