An HR Manager’s Guide to Mergers and Acquisitions by David Zatz‚ Ph.D.‚ Toolpack Consulting Senior Consultant Opportunities for HR Mergers and acquisitions are often planned and executed based on perceived cost savings or market synergies; rarely are the “people” and cultural issues considered. Yet‚ it is the people who decide whether an acquisition or merger works. The opportunity for HR lies in the fact that customer and employee reactions determine whether the newly combined company will sink
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minimum paid up share capital of banks.(Consolidating the Nigerian Banking Industry to meet the development challenges of the 21st century).....[more] The case for Mergers and Acquisition in the Banking Sector in Nigeria Introduction The law on company mergers and acquisition is codified in the Nigeria Companies and Allied Matters Act of 1990. Like many sophisticated laws in Nigeria‚ the law on company mergers and acquisition has been largely untouched by the judiciary. There are very few decided
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Mergers and Acquisitions in different sectors in India Sector wise‚ large volumes of mergers and mergers and acquisitions in India have occurred in finance‚ telecom‚ FMCG‚ construction materials‚ automotives and metals. In 2005 finance topped the list with 20% of total value of mergers and acquisitions in India taking place in this sector. Telecom accounted for 16%‚ while FMCG and construction materials accounted for 13% and 10% respectively. In the banking sector‚ important mergers and acquisitions
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Mergers & Acquisitions: The Case of Microsoft and Nokia Luís Franco Hilário Advisor: Peter Tsvetkov Dissertation submitted in partial fulfillment of requirements for the degrees of MSc in Business Administration‚ at the Universidade Católica Portuguesa SEPTEMBER 2011 1 Abstract Due to the financial downturn and the emergence of new devices in the global handset market has led companies to change their business strategies. Indeed‚ Mergers and Acquisition are considered one of the
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Price Wars in Aviation Industry – Boon or Bane? Introduction Aviation Industry in India is a significant one among those industry segments that have experienced a phenomenal growth across the globe over the past years. The open sky policy of the Indian government is one of the key factors that have allured international players into the aviation industry in India. Since long‚ the aviation industry in India has been growing in terms of number of air travel firms and number of aircrafts. Today‚ private
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The corporate sector all over the world is restructuring its operations through different types of consolidation strategies like mergers and acquisitions in order to face challenges posed by the new pattern of globalisation. The intensity of such operations is increasing with the de-regulation of various government policies as a facilitator of the neo-liberal economic regime. The intensity of cross-border operations recorded an unprecedented surge since the mid-1990s and the same trend continues
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Cultural due diligence 1. Introduction Why Cultural Due Diligence (CCD) The implementation of effective cultural due diligence is well recognized in both the academic and business world. Through mergers and acquisitions‚ as well as any other business alliances‚ cultural due diligence has helped companies enter global markets‚ acquire capital‚ technology‚ branding‚ and country specific practices to help do business. It also reduces the risk and maximizes the profits in many ways (Cartwright &
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Jyoti Yadav Merger and Aqcusition report In 2008‚ Tata Motors acquired British Jaguar Land Rover (JLR)‚ which includes the Daimler and Lanchester brand names After the acquisition of the British Jaguar Land Rover (JLR) business‚ which also includes the Daimler‚ Lanchester and Rover brands‚ Tata Motors became a major player in the international automobile market. On 27 March 2008‚ Tata Motors reached an agreement with Ford to purchase their Jaguar Land Rover operations for US$2.3 billion
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An overview of Malaysia aviation industry The aviation industry is a large and growing industry. In the past few years‚ the air travelling has been improving and growing by 6 % for a year. They listed airlines more than 1 billion passenger or traveller in 2008. The aviation industry needs or involves the large capital requirement for the aircraft‚ close keep an eye on for the rules and regulations of the government‚ competition from other tourist transport and for the high level of expertise to
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of financial managers is to maximize the shareholders’ wealth. Therefore‚ merger and acquisition decisions should be consistent with shareholder wealth maximization‚ and financial characteristics of the targets to consider in the decision-making process. The net present value method is one of the useful methods that help financial managers to maximize shareholders’ wealth. The capital budgeting decision mergers Acquisitions Net Present Value Financial
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