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    Présentation

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    The International Diversification of Banks and the Value of their Cross-Border M&A Advice

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    Leiden University's new Asian Library

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    Leiden University’s new Asian Libraryln 2014, Leiden University decided to build a new Asian Library to bring together under one roof all of the collections of the various Leiden University libraries on China, Japan, Korea, India and Indonesia. Also included are the Heritage Collection of the Royal Tropical Institute (KIT) in Amsterdam and the library of the Leiden-based Royal Netherlands Institute for Southeast Asian and Caribbean Studies (KITLV).After three years of planning and construction, Leiden University's new Asian Library is ready.Bringing together various important collections on Asia, the Asian Library holds the largest collection on Indonesia worldwide, and some of the foremost collections on South and Southeast Asia, China, Japan and Korea.Grand Opening on 14 September 2017To mark the achievement, Leiden University is celebrating the whole of 2017 as the 'Leiden Asia Year'. Working together with other Asia-oriented institutes in Leiden as well as with the Leiden municipality, so far the agenda of the Leiden Asia Year has already featured over 70 events, with a further 40 still scheduled to take place, including the library's Grand Opening. Students and scholars will not have to wait until September, as the Asian Library was opened for the public on March 31.Modern and Contemporary Studie

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    The international diversification of banks and the value of their cross-border M&A advice

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    __Abstract__ We examine the impact of the international diversification by banks on the value of their advice provided in cross-border merger and acquisition transactions by studying bidder returns and deal performance following 1,708 cross-border M&A deals. We find that bidders engaging a more internationally diversified financial advisor face lower stock price and synergy returns, worse deal operating performance, and slower deal completion. We show that these negative effects of diversification can be mitigated by involvement in financing or country-specific available capacity of the advisor. [version: December 2013
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