Mergers and Acquisition Reasons 1. Growth 2. Synergy NAV = PVab – ( PVa + PVb ) – P – E 3. Managerial efficiency 4. Market entry 5. Diversification 6. Tax shields 7. Strategic Some unstated reasons for acquisitions: 1. Megalomania 2. Hubris spirit Forms of Business Combinations 1. Consolidation: result: a new firm e.g. Sandoz + Ciba Geigy = Novartis 2. Merger: result: only one survive e.g. HDFC BK + TIMES BK = HDFC 3. Takeovers: control over mgmt thru substantial portion of its equity. e.g
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Is Australia a racist country? Australia is a welcoming nation. We allow people from all nationalities to apply to migrate‚seek refuge or even just visit Australia‚ regardless of their culture‚ religion‚ language or ethnicity‚ provided they meet all the visa laws. Australia is not a racist country allowing all nationalities the opportunity to come to Australia and continue to practice their culture and beliefs without the fear of being put down or treated badly. People are free to celebrate
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million people died in World War 2. No war was as devastating as this one. With as many losses as that‚ you must question the reasoning for it starting. Hitler took advantage of Germany feeling angry due to the Treaty of Versaille‚ and used historical anti-semitism to justify his horrific interpretation of Jews displayed in Mein Kampf‚ to create a lot of conflict that led to World War 2. Germany felt angered and wronged because of the Treaty of Versaille. In Article 231 the government agreed and signed
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Racism and Anti-Semitism in America Stereotyping reflects expectations and belief about the characteristics of members of groups perceived as different from one’s response and discrimination refers to emotion (www.usnews.com). We all encounter some form of prejudice or stereotype in our life. What types are they? Would you see the lasting affects it has on someone you yourself had discriminated against? Would you recognize the effects it had on you? This author will introduce you to
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Australia in the Vietnam War Australia in the Vietnam War How did the Australian government respond to the threat of communism after WW11? Australia and its politicians immediately recognised what would happen in a result of the domino theory. Australians wanted to stay a democracy‚ they wanted someone who could lead them away from this and respond against communism and that’s why they choose Menzies because of the spread of communism. Australia acted fast and joined USA to fight the spread
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Heroes do not succumb to temptation or doubt; they know what is good and overcome the evil forces. However‚ Hamlet doesn’t quite meet this. That is why Hamlet is considered an “Anti-Hero”‚ which is a protagonist who has many flaws such as greed‚ pride‚ or a lack of care. In Hamlet’s case he lacks ambition‚ and can also be quite rude. For example he treats Ophelia quite poorly‚ even though she didn’t really deserve it. Hamlet is
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analysis of the Australian market Australia is the 15th richest nation in per capita terms and is the 6th oldest continuously functioning democracy in the world. Australia has the 14th biggest overall economy in the world and the 9th biggest economy. Australia’s economy is open and innovative. Over the past decade solid productivity gains have been accompanied by low inflation and interest rates.Also Australia has low barrieirs to trade and investment .Australia foreign and trade policies promote
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of writing that gives nature a whole new meaning. Essentially saying that there are spiritual connections to nature. Thoreau’s story “Walden” shows Thoreau’s love for nature. While Hawthorne was known for romanticism writing style. Hawthorne was an Anti- Transcendentalist. In other words‚ Hawthorne was known for his power of blackness. He uses evil in his stories such as “Young Goodman Brown”. He uses evil by his use of allegories and symbols. Thoreau’s love for nature is greatly present in his story
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Australia 1 (flags‚ coat of arms) 1. The Symbolism of Australian flag One of the designers was Ivor Evans‚ a fourteen year old schoolboy. Ivor had very clear ideas about what his flag meant and what he intended it to say about Australia and Australians. He believed that the Southern Cross‚ the brightest constellation (созвездие) in the Southern Hemisphere‚ was representative of Australia ’s bright future as a leading nation. However there was another reason for his choice of the Southern Cross
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Australia and China Similarities and Differences Australian links with China extend well beyond the last 40 years at an official and non-official level. Their economic relationship has grown rapidly in recent times‚ especially the trade relationship. From being distant partners‚ the trade relationship is one of the key strands linking the two countries. Economic Growth and Quality of life Australia’s economic outlook is deteriorating. The commodity boom‚ predicted to go on forever‚ is
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