Investment Banking case studies, worked step by step

Cases
100
Traced to a firm
55
Topics
12
Hard
30
Topic
All topicsLBO9Accretion and dilution7Reading financials8Restructuring11M&A strategy9Deal execution7Operating cases and estimation8Credit and leveraged finance9Comps and relative value9Sector valuation8Capital markets and financing8DCF and intrinsic value7
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–7 of 7 · filtered from 100Clear filters
  1. 002An acquirer at 20x earnings buys a target for 20x earnings, half in stock and half in new debt. Is the deal accretive or dilutive, and what would you change?Accretion and dilutionHardEvercoreMenlo Park · 2025EvercoreNew York · 2026Bank of AmericaLondon · 2026
  2. 010A logistics company borrows to buy back shares at a premium. What happens to EPS, and at what buyback price or interest rate does it break even?Accretion and dilutionCoreDeutsche BankSan Francisco · 2025
  3. 026A pharma company buys a diagnostics firm with a mix of its own cash, new debt and new shares. Find the EPS change and the pre-tax synergies needed to break even.Accretion and dilutionHardEvercoreMenlo Park · 2025
  4. 041Two tile makers propose a merger of equals with a 55/45 ownership split. Run a contribution analysis and say whether the split is fair to the smaller company.Accretion and dilutionCoreBulge bracket IBElite boutique IB
  5. 057Druvik Software trades at 30x earnings and buys Namyaa Services for 18x earnings, paying entirely in new shares. Is the deal accretive, by how much, and does that make it a good deal?Accretion and dilutionWarm upBulge bracket IBElite boutique IB
  6. 072Amravi Foods buys Tanvik Beverages for cash funded by debt, and Rs 300 crore of the price is booked as intangibles amortised over ten years. Is the deal accretive on reported EPS, on cash EPS, and which should the board look at?Accretion and dilutionHardBulge bracket IBElite boutique IB
  7. 089A paint company earning Rs 250 crore on 50 crore shares wants to buy a coatings firm earning Rs 40 crore, all in cash borrowed at 8% before tax, with Rs 10 crore of pre-tax synergies. What is the highest price it can pay without diluting EPS?Accretion and dilutionCoreBulge bracket IBElite boutique IB

Company names and figures are illustrative.