INTRODUCTION Merger can be defined as the combining of companies; the joining together of two or more companies or organisations and An Acquisition can be defined as the act of acquiring something According to the Encarta Dictionaries. According to answers.com‚ Recapitalization is restructuring a company’s debt and equity mixture‚ most often with the aim of making a company’s capital structure more stable. Essentially‚ the process involves the exchange of one form of financing for another
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Selection and Valuation of Cross-Border Mergers and Acquisition – Literature Review (c) copyright 2009 ABSTRACT The longstanding debate over the efficacy of M&A as a mode of business growth continues to separate practitioners and academics. While M&A global volume looks likely to return to US$2 trillion levels following a rebound from year 2000 lows‚ the largely economics-oriented research literature overwhelmingly concludes that M&A at best achieves zero real gains for the
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Mergers and acquisitions (M&A) and corporate restructuring are a big part of the corporate finance world. Every day‚ Wall Street investment bankers arrange M&A transactions‚ which bring separate companies together to form larger ones. When they’re not creating big companies from smaller ones‚ corporate finance deals do the reverse and break up companies through spinoffs‚ carve-outs or tracking stocks. Not surprisingly‚ these actions often make the news. Deals can be worth hundreds of millions
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JP Morgan&Co./ Chase Manhattan Bank Merger 1.Introduction The combining of two or more companies‚ generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stock.(referenca 1) Mergers are a common practice in the business world because they enable increased efficiency and market share. 2.History 2.1.JP Morgan&Co. J.P.Morgan & Co.‚ was founded in New York in 1871 as Drexel‚ Morgan & Co. by J. Pierpont Morgan
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June 2010 Perspectives on merger integration Table of contents 5 A new generation of M&A: A McKinsey perspective on the opportunities and challenges Despite continued uncertainty‚ signs point to a surge in M&A activity that will be ambitious in both scope and profile. 11 Beyond risk avoidance: A McKinsey perspective on creating transformational value from mergers Most mergers are doomed from the beginning. Anyone who has researched merger success rates knows that roughly
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OUTBOUND CROSS-BORDER MERGERS & ACQUISITIONS IN INDIA: RECESSION & BEYOND [1] Pragyan Parimita Sarangi. Faculty (Finance)‚ Bhavan’s Centre for Communication & Management. e-mail: pragyansarangister@gmail.com Mobile No: +91 9437282167 Address: Plot No - 9‚ Kharavel Nagar‚ Unit - III‚ Bhubaneswar - 751 001. [2] Trilok Nath Shukla. Faculty (Finance)‚ Bhavan’s Centre for Communication & Management. e-mail: shuklatrilok@yahoo.com Mobile No: +91 9337327034 Address: Plot No - 9‚ Kharavel
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Mergers and Acquisitions have continued to be a huge driver in order to compete and grow in the Global Market space. Mergers can bring both positive and negative impact to any organization regardless of size and industry. It brings the best of both worlds when two organizations unite towards a common goal. One of the major impacts with merger is “change in talent”. Of course‚ with the merger you bring the talent from both organizations‚ but in some cases you may lose talent. Employees may decide
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September 2012‚ ISSN 2277 3622 MERGERS IN INDIAN BANKS: A STUDY ON MERGERS OF HDFC BANK LTD AND CENTURION BANK OF PUNJAB LTD. DEVARAJAPPA S.* *Assistant Professor in Commerce‚ University College of Arts‚ Tumkur University. ABSTRACT The purpose of the present paper is to explore various motives of merger in Indian banking industry. This includes various aspects of bank mergers. It also compares pre and post merger financial performance of merged banks with the helps of financial parameters
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Mergers and acquisitions may intensify in Indian FMCG sector: KPMG Sun Sep 19 2010 14:00:19 GMT+0530 (India Standard Time) by IANS ( Leave a comment ) New Delhi‚ Sep 19 (IANS) The food‚ drinks and consumer goods industry is likely to see a consolidaton in the coming months‚ with large size firms looking to improve margins by acquiring smaller peers‚ according to global consulting firm KPMG. “The Indian household and personal care market is likely to continue to see deal interest from strategic
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I. OBJECTIVES To select the best managers for the available positions To finalize the members on the management levels of the merger To determine on how the co-CEOs will agree with the process of selecting the best managers for the merger II. PROBLEM STATEMENT According to the story‚ the merger had left the Arlington with two managers for almost every available position at upper and middle management levels. The co-CEOs had already selected the executives on board prior to the merging
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