Exhibit 19.3 The Cross-Border Acquisition Process Stage I : Stage ll Stage Ill ◆ : Identification Completion of Management of Strategy valuation the ownership the post acquisition & of the target change transition:integration management transaction ◆ : of business and (the tender) : culture : Valuation ◆ Financial Rationalization of Financial & settlement : operations; analysis negotiation & : integration of strategy compensation ◆ financial goals; : achieving synergies Copyright2007 Pearson Addison-Wesley.All rights reserved. 19-14Copyright © 2007 Pearson Addison-Wesley. All rights reserved. 19-14 Exhibit 19.3 The Cross-Border Acquisition Process