Hello Maam,
We participated in the event "Shodh ...Finding value" of IIFT, Delhi.
The competition was about a M&A case-study. The task was to select any BSE
100 company and pioneer the next big Cross Border Acquisition.
Team members:
Sudeep Vijay Palkar…..
MMS Second Year (2009-11)
Sneha Prakash Patil….. MMS Second Year
(2009-11)
We selected ITC as BSE 100 Company as the potential acquirer by evaluating if the company actually has the requisite muscle for an acquisition. Considering the underlying synergies that ITC would gain from acquisition, we boiled down to the target company ie Tiger Brands in South Africa which is a market leader in FMCG. We supported the deal by the possible synergies, valuation and financing options.
Details of the event:
Participation: Across 40 B-Schools in India
Short-listed teams: We School, Mumbai
NMIMS, Mumbai
TAPMI Management Institute, Manipal
Great Lakes Institute of Management, Chennai
Great Lakes Institute of Management, Chennai
Prizes: Winners: Rs 30000
Runners Up: Rs 20000
The team from TAPMI Management Institute, Manipal won the first prize.
We were the first runner up (second prize winner). Judges were quite impressed by our presentation citing that we touched upon all important aspects of the M&A deal. The Q&A part was also handled well and all participants, judges and the audience appreciated our performance whole heartedly.
We are highly obliged to the WRC who co-ordinated with us till the last moment and helped us achieve this success story!!
Thanks & Regards,
Sneha Patil
MMS 2009-11
Welingkar Institute Of Management
(9820196542)