Business Restructuring

Master's degree in Auditing and Financial Analysis, Publication in the Diário da República - Despacho nº 13851/2011 - 14/10/2011

5 ECTS; 1º Ano, 2º Semestre, 41,0 TP


Not applicable.

At the end of the course students should: have knowledge that allow:
- Determine the value of a company;
- Studying business recovery processes in difficult economic and financial situation;
- Understand the mergers, acquisitions and integration of companies.

1. Business valuation
a. Approaches to evaluation
b. Estimate endpoints
c. Updated model of Cash Flows
d. Evaluate companies with negative results
2. Restructuring of firms
3. Leveraged buy outs
4. Mergers and acquisitions

Evaluation Methodology
- Working group with presentation and discussion in class with 50% weighting;
- Final test with consultation with weighting of 50%
Students are exempt from final exam if the work note together with the final test, is equal to or greater than ten valu

- Damodaran, A. (2002). Investment Valuation ? Tools and techniques for determining the value of any asset. New York: Wiley Finance
- Pearl, J. e Rosenbaum, J. (2009). Investment Banking ? Valuation, Leveraged Buyouts, and Mergers & Acquisitions. New Jersey: Wiley Finance

Method of interaction
Lectures and resolution of practical cases.

Software used in class