期刊名称：Journal of the International Academy for Case Studies
印刷版ISSN：1078-4950
出版年度：2019
卷号：25
期号：3
页码：1-10
语种：English
出版社：The DreamCatchers Group, LLC
摘要：The primary subject matter of this case concerns valuation of cost synergies and accretion/dilution in Suncor/Petro-Canada merger in 2009. This case can be used in a corporate finance course or in a mergers and acquisitions course to introduce synergies. It intentionally leaves out stand-alone valuation of Petro-Canada to focus on synergy categorization and valuation, accretion/dilution and synergy split based on agreed-upon exchange ratio. Specifically, it provides students with an opportunity to: (1) estimate weighted-average cost of capital for a combined company; (2) apply discounted cash flow analysis to determine value of cost synergies; (3) estimate accretion/dilution per share for target firm and acquirer firm.
关键词：Merger;Accretion;Dilution;Cost Of Capital;Synergy.
