Desai, PranavStreit, Jakob2023-09-012023-09-012023-01-172022-12-16http://hdl.handle.net/10362/157155This paper examines the impact of mergers and acquisitions on the financial performance of German public companies in 2018. Due to different findings and no valuable evidence on German M&A, this paper compares the performance of public acquirers one year before and after an acquisition in Germany. Especially focusing on the impacts on acquirers that are SMEs, did several mergers within 2018 or invested in a different industry. This paper provides evidence of M&A effects on buyers’ perspectives, as they see no substantial positive impact after a transaction but rather on Earnings per Share and Book to Market ratio.engCorporate financeM&AImpactGermanymaster thesis203313534