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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Tattoos a Fine Art Tattoos are considered fine art and are accepted more now than ever before. “Tattoos date back to 12‚000 BC. The word "tattoo" comes from a Tahitian word "tattow" or "ta-tu" meaning to mark the skin” (Lori). Tattoos have been evident in many cultures throughout the centuries” the ancient Greeks tattooed spies‚ the Romans tattooed criminals and the Polynesians tattooed ranking members of their tribes” (Lori). Around the 1950’s tattoos lost popularity they picked up a stereotype
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resources. This thought inspired in men a feeling of respect and regard which was reflected in their worship of women as goddesses. Despite this elevated position that she enjoyed‚ and are still enjoying in the form of being worshipped as goddesses Durga‚ Kali‚ Lakshami‚ Saraswati‚ etc. However‚ a woman is fated to be subjected‚ owned‚ and exploited like the very
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In Hindu tradition‚ goddesses are often referred to as “devis.” They have held a reputation of being pure and angelic. Hindu followers pray to different goddesses depending on their circumstance. A few that are well known to the public are Sarasvati who is in charge of learning of the arts and sciences‚ Laksmi Goddess of good fortune and financial reward‚ and the list goes on. These women are all understood to bring great treasures and knowledge to their admirers. The trouble with having such high
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References: BMW Corporate responsibility. (2003) Retrieved October 4‚ 2003‚ from http://www.bmwgroup.com/e/nav/?/e BMW history BMW human resources policy‚ International competition. (2003). Retrieved October 4‚ 2003‚ from http://www.bmwgroup.com/e/nav/index.html?http://www.bmwgroup.com/e/0_0_www_bmwgroup_com/1_die_bmw_group/1_3_sonstige/1_3_1_softlab.shtml?2_4 Clow‚ K BMW Overview. (2003‚ October 4). Competitor ’s Analysis. Competitive
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Starbucks global strategy De Wit and Meyer (1998) refer to market tendency towards homogeneous variety and tighter international linkages as globalization. The need for global strategy is outlined by the fact that companies are subject to global forces and consumer demands. As a consequence‚ firms are faced with a challenge of modifying their existent strategies to gain and sustain their competitive advantage in a rapidly changing environment. A well-designed global strategy can help
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Ghana 2010 Table 2.4 Market Share and Performance of Collective Investment Scheme in Ghana 2010 Table 4.1 Various Collective Investment Scheme with No. Shareholders‚ Annualized Returns of the funds Table 4.2 Correlation Output Results of NAV‚ No. Shareholders and Annualized Returns of Listed CIS Table 4.3 Annualized Returns of Four (4) Equity Fund and the Market Index (GSE-ASI) Table 4.4 Annualized MFUND Returns and the 91-Day Treasury Rate Table 4.5 Regression Output Result
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1 What are infrastructure funds? By Kelly DePonte‚ Probitas Partners Infrastructure investing is a relatively new sector within institutional investors’ portfolios and has been growing dramatically over the last five years. Though a few of the largest and most sophisticated investors have devoted the necessary resources to develop direct investment programmes‚ most investors in the sector commit through professionally managed funds‚ much as they do in private equity and opportunistic real
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Bodnath Stupa Ranked #1 of 58 attractions in Kathmandu 800 reviews * "Awesome!!!!" 09/03/2013 * "Fantastic!" 08/03/2013 Category: Religious Sites Owner description: Bouddhanath stupa is the most liked sightseeing place in Kathmandu. Visitors are required to pay Rs. 200 per person as... more » Visitor photos (358) Boudhanath Ranked #2 of 58 attractions in Kathmandu 13 reviews * "Peace" 26/02/2013 * "Terrific - worth visiting" 25/02/2013 Category: Religious Sites Visitor
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PERFORMANCE EVALUATION OF MUTUAL FUNDS IN INDIA RESEARCH PROJECT On “PERFORMANCE EVALUATION OF MUTUAL FUNDS IN INDIA” Submitted in partial fulfillment of the requirement for MBA Degree of Bangalore University BY JAI PRAKASH K C Registration Number 04XQCM6034 Under the guidance of DR T V N RAO M.P.Birla Institute of Management Associate Bharatiya Vidya Bhavan Bangalore-560001 2004-2006 M P BIRLA INSTITUTE OF MANAGEMENT -1- PERFORMANCE EVALUATION OF MUTUAL FUNDS IN
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