In this first episode in a two-part series, Gerald Adolph, Strategy& Senior Partner, interviews J. Neely, a Partner at the firm, about new Strategy& research finding that transactions designed to enhance or leverage companies' core capabilities outperformed other deals. The premium was on average 12 percentage points in terms of shareholder return. These findings are also the focus of a recent strategy+business magazine article.
Episode 39: The capabilities premium in M&A, part 1
Published: February 22, 2012