Business Takeover Examples In India
This article is written by surbhi agarwal a student of upes dehradun.
Business takeover examples in india. Preliminary agreement to takeover business. Walmart s acquisition of flipkart is the biggest ever in india with the us based retail giant spending 16 billion but this buyout isn t the first big takeover we ve seen in the country. India has seen very less m a activity prior to the 90 s due to prevalence of the anarchic laws and regulations like mrtp.
We call the purchaser the bidder or acquirer while the company it wants to buy is the target. If the bank for any reason refuses to give its consent to the trans. This indian investment firm wants to bring on board angel investors from india s smaller cities.
A takeover or acquisition is the purchase of one company by another. In the case of an acquisition there is a predator and a prey. It is a type of merger but not of equals.
Hostile takeover history in india the indian economy opened up in the year 1991 and the liberalization reforms opened the doors for more foreign players which in turn led to more aggressive strategies. Initially this launched its terminals at haldia and ennore which involves in business of import and export of propane butane and lpg. Takeover of bank of madura by icici bank represented a horizontal merger tata motors acquisition of jaguar land rover merging of vodafone and hutch acquisition of compaq by hp in 2011 merging of lipton india and brook bond flipkart and myntra amazon and snapdeal are some of the horizontal mergers examples in the indian parlance.
Top 10 global takeovers issue date. India oil petronas pvt ltd is known as a joint venture of petronas and iocl and its operation started in year 1998. Master business fundamentals from wharton leadership.