How is McKinsey corporate finance different from IBD?

firefighter's picture
Rank: King Kong | 1,019

Check out the description - sounds exactly like IBD to me (it's not even cultural integration or strategy, they specifically mention due diligence, valuation, negotiations with bidders/targets on value, etc.)
"We assisted an industrial conglomerate in evaluating the benefits, structural formats and process alternatives of the potential divestiture of a large underperforming division. Our work involved sum-of-parts valuation, compilation of a Confidential Information memorandum, disposal process design, and negotiation support."