The competition

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 understand the mergers and acquisitions by providing advice on possible value-enhancing transactions to further grow the client’s business.

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.

Joining details:

  • 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;

Preliminary round:

  • Prepare an analysis of a local publicly listed company, and its industry(ies), including identifying operational and financial challenges and opportunities of the client. Companies will be pre-selected for each of the teams.
  • Identify a potential foreign entity that could partner with the client in either of the following scenarios:
    1. Leverage on the client’s expertise of the local market and bring the foreign entity in the Philippines;
    2. Leverage on the foreign entity’s expertise of the foreign market, and expand regionally or globally.
  • Participants are the teams who have signed up and will submit their work online.

Final round:

  • Six (6) 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;
  • Preparation of a pitchbook on the chosen partner, including an analysis of what the partner can contribute to the venture, the structure of the deal (e.g. ownership, investment required, tax structure, etc.), potential upsides and downsides, and presenting the case results to a panel of judges.
  • Valuation of certain assets or investments contributed by the partner or the local conglomerate to the venture.

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 2020.
  • Second place: PHP50,000 and trophy.
  • Third place: PHP25,000 and trophy.
  • The other three (3) finalists will get PHP10,000 each.

PwC Philippines takes no responsibility for the cash prize once the cash has been deposited.

Contact us

M&A Challenge

PwC Philippines, PwC Philippines

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

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