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Definition

Post-Merger Integration (PMI)

The execution programme that delivers the value-creation plan after the deal closes.

PMI runs Day 1 readiness, the 100-day plan, and the multi-year integration roadmap in parallel. Standard workstreams: legal entity, finance, technology, people, commercial, and culture. The number consistently quoted in industry research — most deals fail to deliver the deal-case synergies — is largely a story about under-resourced PMI rather than overstated synergies.

See also

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