MERGERS, ACQUISITIONS & CORPORATE RESTRUCTURING Revision | CA/CMA Final AFM/SFM | Ajay Agarwal AIR 1

Topics Covered - Mergers, Acquisitions & Corporate Restructuring
M&A through Shares Offer
M&A through Cash Offer
Demerger, Internal Reconstruction, Bonus Issue, Equity Buyback
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Maturity is when you realise Ajay sir's revision video + concept notes + Question Bank 10 time better then Rs. 20000 wala classes.

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True

[@july5617]

Absolutely

[@naveenkumargautam4834]

True

[@smitasantuka9311]

Bilkul :')

[@abhishekmanral8501]

No doubt I didn't take any classes

[@girishbhattar2770]

1:35 Meaning 7:20 Basics of M&A 28:45 No of shares of Acquirer to be issued to shareholders of Target Co 59:15 Book Value after Merger 1:07:15 Earnings after Merger 1:11:35 Market Value after Merger 1:45:00 Value of Original Shareholders 1:49:10 Maximum exchange ratio acceptable to Acquirer Co 2:03:15 Minimum exchange ratio acceptable to Target Co 2:10:25 Cash to be paid to shareholders of Target Co 2:13:35 Book Value after Merger 2:14:55 Earnings after Merger 2:19:10 Market Value after Merger 2:24:05 Maximum Cash per share acceptable to Acquirer Co 2:27:00 Minimum Cash per share acceptable to Target Co 2:31:40 Value of Acquisition 2:34:10 Financial feasibility of Acquisition 2:38:40 Demerger 2:45:20 Reconstruction 2:55:00 Stock split up 2:58:30 Bonus Issue 3:04:35 Equity buyback 3:11:25 Questions

[@shashiranjanmahato6238]

Thankyou bhai

[@NikithaPJain]

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[@SakshiPalande.]

Thankyou @girishbhattar2770

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Thank you

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[@MG_1307]

Smile on his face , when he said yeh krlo sbb solve ho jyega ... Gives different type of sukun... High respect sir 🎉❤

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And his confidence of, ye to faltu ka topic😅 ye nhi ayega

[@kalyanprivate4523]

Itna concept clarity hai tabhi toh AIR1 mila.. Thank you ao much Ajay Sir for making these chapters easy for all

[@manalijain1558]

oh my god! this is the best revision video i have ever come across, feels like learning sfm from scratch.

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U have raised the bar of making revision videos👏👏 ..so conceptually and authentic converage.Thank you sir..❤

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Most awaited revision lecture 😇 Radhe Radhe 🙏 Thank you Sir 🙂

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Thanks sir apke revision video mujhe CA banne me bahut help Kari....Radhe radhe

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Really appreciated.. your way of segregating all the large concepts is phenomenal..

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Video bahut accha laga.Thanks bro.

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Most effective and value adding revision videos unlike other faculties just passing time and no value addition

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Thank you sir! For such Deep revision ❤

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You make the concept so understandable for an average student like me too. Thankyou Sir😊 You simply are best.

[@palakmadaan2631]

Thank you so much sir most awaited lecture Radhe Radhe ❤

[@pallavishilare9192]

Thank u so much sir....sir please upload capital budgeting also...I am big fan of u and Atul sir...🙏

[@chahat_nimbark]

Isse aasan koi topic nai hai!!! Thank you so much sir ! You are the best ! Radhe Radhe🙏😇

[@ps-gh3hu]

thanks for this revision video sir, bahut is systemic aur simplify kiya hi aap ne ye topic ko. 🙏

[@user-ir6zp1bx8c]

Superb Revision, You made Every chapter easy to understand and remember.❤

[@Rupali_ostwal]

Thankyou sir best revision lecture indeed

[@im_ishika]

Thankyou so much Ajay Sir....this revision video is so conceptual and logical...after watching this video..all the questions of QB were so easy to solve "bina ruke har ek ques ho gya". Thankyou so much sir 🙏🏻

[@VishalAManglani]

sir video ekdam zabardast. Thanks a lot for providing the best concept notes. Will be very useful for last minute revision.

[@vinodhinikrishnamoorthy6385]

AIR 1 FOR A REASON. Utmost respect to your knowledge sir! Thanks a lot.

[@ektajain3983]

Worth watching. Thanks for the help 🎉

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Best Revision Video Ever. Thank You Sir 🙏

[@avanip8314]

Thankyou so much sir.. Very well explained

[@kartikmahajan2683]

Your hardwork is reflected in the vedios and notes.. Thank you so much ❤ Radhe Radhe❤

[@arunbhandari9324]

Just refering your revision lectures and notes, yet feeling good about understanding and covergae. Well structered and standarized way of teaching. Thanks to u, brothers🎉

[@SHPATEL2113]

Very Helpful Sir ❤️ Thanks For Your Efforts🤗

[@tanutripathi9011]

56:30 Promoter's holding in Merged entity 59:13 Post Merger BV & BVPS 1:07:10 Earnings post merger & EPSat 1:10:10 Synergy in earnings meaning 1:11:36 Post Merger MV & Mkt Capitalisation 1:50:05 Max ER acceptable to acq 3:19:43 Q.16 3:21:54 Q.30 Cash offer 3:24:32 Q.34 Min cash for promoter's holding 3:26:40 Q.35 Vt by Cash flow model 3:28:02 Q.37 Demerger (Fortune Pharma) 3:31:23 Q.41 Equity BB (High growth ltd.)

[@divyaphundwani2727]

Thank you sir for this revision lecture ❤

[@dhruv6636]

Thank you sir, Gazab revision hai

[@pritysingh9889]

Thank u so much sir for making it easy for us by putting lots of efforts God bless u sir 😊

[@muskankataria5777]

Thank you very much sir Literally you have made AFM so simple to understand 🙏☺️

[@sankaridkshith2334]

Thank you sir for the revision.

[@tiyashabasak6046]

Thank you sir... radhe radhe ❤

[@radhikabang7296]

Radhe radhe ❤ Thank you sir

[@aditiagrawal9360]

Best revision video. Thank you so much..

[@radhabhutada1101]

Watched the complete lecture 2 days before and i really got my concepts clear!! Thank you so much sir!!!!

[@yamin_bhoira]

Time Stamps 56:30 Promoter's holding in Merged entity 59:13 Post Merger BV & BVPS 1:07:10 Earnings post merger & EPSat 1:10:10 Synergy in earnings meaning 1:11:36 Post Merger MV & Mkt Capitalisation 1:50:05 Max ER acceptable to acq 3:19:43 Q.16 3:21:54 Q.30 Cash offer 3:24:32 Q.34 Min cash for promoter's holding 3:26:40 Q.35 Vt by Cash flow model 3:28:02 Q.37 Demerger (Fortune Pharma) 3:31:23 Q.41 Equity BB (High growth ltd.) Points for me to remember : Total Gains from Merger (Acquisition) = Basically Synergy 1:39:00 1:43:15 - True Cost of Merger (Net cost of Acquisition or Cost of Takeover) 1:45:28 - Value of original Shareholders

[@vishalmaru7241]

Thanks❤

[@AnshGupta-yv3ye]

Radhe Radhe 🙏❤ Thank you so much sir 😇

[@neerajvishwakarma179]

Your Question banks and concept notes are amazing . 🙏So greatfull to learn from you .

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Best Faculty for AFM indeed 💯Thanku for the revision lectures sir.

[@riya11th55]

These are of great help

[@shivamrawat678]

Sir legit bht achaw revision ❤ Its a blessing ✅

[@madhuriupadhyay7424]

Most a waited revision video Thanks a lot sir..FR AFM ki rtp bhi solve krwa dijiye sir.

[@pranaygangan]

Thankyou thankyou sir❤️❤️🙏🙏

[@SakshiPalande.]

Very helpful Revision lectures Hare Krishna

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Thank you so much sir 🙏🙏

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Thank you so much sir ji ❤❤❤

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Thankyou very much sir❤

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Best video sir always big fan of you

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Thank you so much sir ❤❤

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These glasses give you a smarter look than the usual Black frame, Ajay Sir 🤓 Thank you so much for Revision Videos!

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Thank you so much sir 👍🙂

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Thank You Sir 🙏

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❤❤❤❤❤ amazing sir. Thankyou so much ❤❤

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ES BAR KA NOTES AND LECTURE KA LEVEL ALG LEVEL KA DESIN KIYA HE OSM THANK YOU

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Thankyou sir❤🙏🏻

[@ankitborkhade1337]

Thats why i had taken your classes all thing have clarity radhe radhe hope to get good marks and pass

[@manasphadke782]

Ajay sir's concept notes for SFM were good. but his new concept notes for AFM are spot on !!!

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Superb coverage. Able to understand even at 2x speed. Radhe Radhe 🙏

[@vedansh4399]

Thank you sir. Inter mei saare chote chote adjustments dhundke khud note karke rakhne padte the. Final mei to aapne already kar diya. thank you so much.

[@AIR1inFun]

Thankyou so much sir please upload security valuation also

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I was searching for the same🎉

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Radhe Radhe sir.🙏.... thanks you so much sir...🙏🙏🥺 No one like uhh sir...🙏

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The way you teach FR and AFM is really commendable 💯🙏 The way you explain each n every concept with the smile on your face ... The efforts you put for the students 🙌 ....really really grateful for it ...also you think about other students too which no one thinks abt Thankyou so much for your efforts and also for solving the questions Radhe Radhe Har Har Mahadev 🔱💓

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Radhe Radhe sir❤

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Thank you guru ji ❤

[@dhruvkalsariya3064]

Sir aapka level hi alag hai Kitni misconceptions ke saath ab tak Q-A solve kar raha tha Ab real concept samaj main aaye Thank you so much for revision video Radhe Radhe ❤❤❤

[@smitasantuka9311]

Bekaar ke ghatiya faculties aise important chapters ko "pre-recorded available on software" karke 5 saal puraana video chepte hain! Aur padhne mein bhi maut aati hai firr unse. Itna sahi revision video hai yeh ki kya batayein.🙏 V well taught. Thank you, sir!

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Bikul sach bola hai

[@suv2000]

Thank you sir😊

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Thankyou Bhaiya !!

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classes are superb to understand the concepts , if posible provide PDF for revision

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Thankyou sir !

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Best classes of all time ...they have taken care of every aspect which helps you to get a good score ...just follow whatever they are saying... always forever grateful

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Thanks you so much ❤sir

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Best Revision videos

[@shivammundra6589]

Thanks

[@The_Rajat_Solanki]

I regret taking lectures from another faculty.... Ajay sir is the best in AFM ... thnk you for these revision videos...

[@aishwaryamoyal12]

What an amazing video. Thank you sir. As you said we can revise from notes and solve it accordingly so will it be fine if the steps totally won't be the same as ICAI but the final answer matches?

[@akashkatkar9681]

Radhe Radhe Sir ❤🙏

[@user-ct5fp8ub1d]

Thank you Sir

[@harsh13198]

Jordar Sir Thank you

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Radhe Radhe 🙏🙏

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sir you are the best teacher

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Thank you

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Bestest ca faculty ever jaipurites are proud of you sir🎉😊😊

[@the.bharatwashi]

Intezaar tha ❤

[@durgeshjaiswal97]

Best video for mergers

[@aayushiagarwal6554]

Sir in calculation of post merger market value ( cash offer) why we didn't deducted opportunity cost

[@riyalal2159]

Sir when nothing is given about exchange ratio then we should do it with eps or mps??? Uh told in the class to use mps bt in icai module in many questions eps is used?

[@akhilakki3542]

1:11:36.....watch this point.....even though u didnt watch the video....imp for exam

[@ishanarora5764]

Good Explanation

[@kahiankahibaatein01]

Thank u sir🙏🙏🙏

[@samitijain9440]

super easy concepts - now, afm is easier subject after studing from CA Ajay sir . sir , plz guide how to do theory of afm. is your qb is enough for it + any yt video for it kindly reply sir

[@Jyo_royal123]

Thankyou sir

[@saisaravanan6005]

Hare krishna❤

[@user-qx7zc5sl2q]

Thanks you sir

[@shrutibhattar3762]

1:41:15 True cost of Merger/ Net cost/ cost of takeover