Mergers and Acquisitions is a comprehensive textbook designed for students of postgraduate management programmes. It explores the core concepts of mergers and acquisitions (M&As) and the challenges encountered in implementing them. Beginning with the conceptual framework of corporate restructuring, the book goes on to discuss takeovers and M&As, the concept and process of due diligence, and legal issues in M&As. The key issues relating to valuation and accounting are then explained. The book also discusses post-merger issues, the human aspect of M&As, and cross-border acquisitions. It concludes by exploring alternatives to M&As that include corporate divestments and strategic alliances. Students will find this book useful for its coverage of the key concepts of M&As, explained through solved numerical problems, examples, case studies, and exhibits.