Valuing and identifying synergies in mergers and acquisitions is one of the important issues in Corporate Finance. The aim of this paper is to value the impact of synergies resulted from mergers/acquisitions in the European pharmaceutical sector, realized between 2004 and 2007. In the study it...

The efficiency of the capital market is one of the most studied hypotheses, having an important impact, both in financial modelling and real economy. The research paper is focused on the announcements for acquisitions and takeover public offers for companies acting in the pharmaceutical and the...

The aim of mergers and acquisitions is to create wealth for the shareholders and usually this is accomplished through synergistic expectations. However the evaluation and identification of synergies in mergers and acquisitions is one of the important issues in Corporate Finance. In this paper it...