Titlebook: Mergers and Acquisitions in European Banking; Franco Fiordelisi Book 2009 Franco Fiordelisi 2009 Acquisition.assessment.bank.banking.effic

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Do M&As Create Value for Shareholders? The Effect on Bank Efficiency,ing over a five-year period. By using a large sample from the countries mainly involved in the M&A phenomenon — that is, France, Germany, Italy, and the United Kingdom — our analysis compares cost efficiency levels in a moment prior and successive to the deal itself (Altunbus and Margques-Ibanez, 2004).

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forthy

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M&A of Financial Institutions: Literature Review,There is a large number of studies dealing with M&As in the financial service industry. Despite this, it is not possible to find straightforward evidence of the M&A effects. Recently, DeYoung et al., (2009) have reviewed more than 100 studies dealing with M&As in financial sectors and note that

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