The competition

M&A challenge
M&A Challenge

The competition offers business students from universities and colleges nationwide a unique opportunity to gain hands-on experience on a real-life M&A case.

The students will go through the entire M&A deal cycle from company analysis, due diligence, financial modeling, and valuations, through to deal structuring and presentation.

The students will present their final case study to experienced PwC professionals and business community leaders. The winning teams will be awarded with cash prizes and guaranteed internship opportunities.

 

Preliminary round:

  • Each participant must be enrolled in a university or college in the Philippines;
  • Team members must all be from the same university;
  • At least third year in college, from any business-related course;
  • Each student is only allowed to join one team;
  • Involves preparing an analysis of a randomly selected conglomerate, and its industry, and one of its subsidiaries, associates or joint venture that will most likely experience disruption from start-up businesses primarily engaged in new technologies. This includes assessment of the possible disruption the conglomerate may experience; and
  • Five teams with the best analysis will receive PHP5,000 each.
     

Main round:

  • Participants are 20 surviving teams from the preliminary round;
  • A university or college is only allowed up to three teams in the main round;
  • Involves analysis of a local start-up company best fit for acquisition to help conglomerate address potential adverse effects of disruption; and
  • Involves identification of operational changes and challenges as the conglomerate acquires the selected start-up.
     

Final round:

  • Six final round teams will be selected from the main round, based on prescribed criteria along with the main case data pack;
  • A university or college is only allowed one team in the final round;
  • Involves preparing a valuation report on the start-up to be acquired, and presenting the case results to a panel of judges.
     

Cash prizes:

  • First place earns the winning team PHP100,000 plus PHP50,000 to the university, trophy, and internship opportunity with PwC Philippines’ Deals and Corporate Finance Department in 2019.
  • Second place: PHP50,000 and trophy.
  • Third place: PHP25,000 and trophy.
  • The other three finalists will get PHP10,000 each.
     

Contact us

M&A Challenge

PwC Philippines, PwC Philippines

Tel: +63 (2) 845 2728 Ext. 3082

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