ASCA Jordan

CAIRO - The Arab Society of Certified Accountants (IASCA) concluded the professional training course  entitled ‘Merger and Acquisition Decisions’ for a group of Libyan Investment Authority (LIA) employees.

The program aimed to familiarize participants with the impact and role of mergers or acquisitions , which are considered an opportunity to enter new markets that may be difficult to enter through other means, by taking advantage of the presence of the targeted companies in these areas.

The participants discussed the impact of companies acquiring competitors, by reducing competition in the market, thus increasing their ability to control prices and increase profit margins, hence, increasing the value of their shares, which enhances shareholders' returns.

During the program, the lecturers stressed that the acquisition and merger process is not simple and requires careful planning to overcome the multiple obstacles and challenges that may be encountered, requiring careful management of cultural and organizational integration, ensuring an accurate financial assessment, and addressing any legal or technical difficulties. This is to maintain the continuity of business operations and achieve the desired goals.

It is noteworthy to mention that the program is part of a previously signed cooperation agreement between the Society and the Authority, which dates back to 2023, to provide all professional and capacity-building services offered by IASCA, to develop the capabilities of Libyan youth.

Libyan Investment Authority

Established in 2006, the Authority is the national sovereign wealth fund in Libya, and is considered the largest sovereign wealth fund in Africa. Its mission is to preserve, manage and develop the country’s assets for the benefit of the Libyan people and future generations.