A leveraged buyout (LBO) is the acquisition of a company financed primarily by debt. It's a tool used by investors to gain majority ownership in a company, using the company's assets as collateral to borrow money.

• Analysis of the factors that influence interest rates for LBO loans and their impact on the performance of companies.
• Case study of companies that have succeeded or failed in LBO operations and analysis of the reasons for their success or failure.
• Comparative study of the performance of listed and unlisted companies that have undergone LBO operations.
• Study of the impact of LBO operations on employees and employers of the target company.
• Analysis of the impact of LBO operations on the ownership structure of target companies.
• Evaluation of the risks associated with LBO operations and methods for managing them.
• Study of the financial performance of target companies after an LBO operation.
• Analysis of the different acquisition strategies used in LBO operations.
• Study of the different types of financing used in LBO operations.
• Study of recent trends in LBO operations in different sectors and markets.
• Analysis of the impact of government regulations on LBO operations.
• Study of the performance of investment funds that have carried out LBO operations.
• Analysis of the impact of LBO operations on existing shareholders of the target company.
• Study of the performance of target companies after an LBO operation compared to companies that did not undergo an LBO operation.
• Study of the financial performance of target companies after an LBO operation compared to companies that did not undergo an LBO operation.

• Economic Impact Analysis
• Analysis of the financial consequences
• Analysis of the short term consequences but especially the long term consequences
• Allows to understand the strategies behind these maneuvers and to understand the risks
• The opportunity to learn more about a field that would interest me as an intern

To what extent do LBOs impact the long-term financial performance of target companies?

• "Leveraged Buyouts: A Practical Guide" by Peter F. Kaufman.

• "Leveraged Buyouts: A Practical Guide to Investment Banking and Private Equity" by Edward D. Hess.

• "The Art of the Leveraged Buyout" by K. Thomas Liaw.

• "Leveraged Buyouts and Private Equity" by J. Christopher Flowers.