recent business acquisitions in india

8/3/2019 Recent Business Acquisitions in India

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Recent business

Acquisitions inIndia

SUBMITTED TO: SUBMITTED BY:

MRS.RIZWANA ATIQ S. UMAIR AHMEDASSIT.PROF. M.B.A. 2ND YEAR

ROLL NO.1000122084


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Recent business Acquisitions in India

What is acquisition?

An entrepreneur may grow its business either by internalexpansion or by external expansion. In the case of

internal expansion, a firm grows gradually over time inthe normal course of the business, through acquisition of

new assets, replacement of the technologically obsoleteequipments and the establishment of new lines ofproducts. But in external expansion, a firm acquires arunning business and grows overnight through corporate


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combinations. These combinations are in the form ofmergers, acquisitions, amalgamations and takeovers and

have now become important features of corporaterestructuring. They have been playing an important rolein the external growth of a number of leading companiesthe world over. They have become popular because of

the enhanced competition, breaking of trade barriers,free flow of capital across countries and globalisation ofbusinesses. In the wake of economic reforms, Indian

industries have also started restructuring their operationsaround their core business activities through acquisitionand takeovers because of their increasing exposure to

competition both domestically and internationally.

Mergers and acquisitions are strategic decisions taken formaximisation of a company's growth by enhancing its

production and marketing operations. They are beingused in a wide array of fields such as informationtechnology, telecommunications, and business process

outsourcing as well as in traditional businesses in order

to gain strength, expand the customer base, cutcompetition or enter into a new market or productsegment.

Recent business acquistions in India

Tata Chemicals buys British salt

Tata Chemicals bought British Salt; a UK based white salt

producing company for about US $ 13 billion. Theacquisition gives Tata access to very strong brine

supplies and also access to British Salts facilities as itproduces about 800,000 tons of pure white salt everyyear
http://www.vccircle.com/500/news/tata-chemicals-buys-uks-british-salt-for-rs-673crhttp://www.vccircle.com/500/news/tata-chemicals-buys-uks-british-salt-for-rs-673cr


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Reliance Power and Reliance Natural Resources merger

This deal was valued at US $11 billion and turned out to

be one of the biggest deals of the year. It eased out the

path for Reliance power to get natural gas for its powerprojects

Airtels acquisition of Zain in Africa

Airtel acquired Zain at about US $ 10.7 billion to becomethe third biggest telecom major in the world. Since Zain

is one of the biggest players in Africa covering over 15countries, Airtels acquisition gave it the opportunity to

establish its base in one of the most important markets inthe coming decade

Abbotts acquisition of Piramal healthcare solutions

Abbott acquired Piramal healthcaresolutions at US $ 3.72

billion which was 9 times its sales. Though the valuation

of this deal made Piramals take this move, Abbott

benefited greatly by moving to leadership position in theIndian market

GTL Infrastructure acquisition of Aircel towers

This acquisition was worth about US $ 1.8 billion andbrought GTL Infrastructure to the third position in terms

of number of mobile towers 33000. The money

generated gave Aircel the funds for expansion throughoutthe country and also for rolling out its 3G servicesICICI Bank buys Bank of Rajasthan

This merger between the two for a price of Rs 3000 crwould help ICICI improve its market share in northern as

well as western India
http://trak.in/tags/business/2010/05/11/reliance-ambani-brothers-past-present-future/http://trak.in/tags/business/2010/03/31/bharti-zain-acquisition-deal/http://www.abbott.com/global/url/pressRelease/en_US/60.5:5/Press_Release_0890.htmhttp://www.abbott.com/global/url/pressRelease/en_US/60.5:5/Press_Release_0890.htmhttp://economictimes.indiatimes.com/news/news-by-industry/telecom/GTL-Infra-acquires-Aircel-tower-business-for-Rs-8400-cr/articleshow/5446498.cmshttp://www.livemint.com/2010/05/18173143/ICICI-Bank-to-buy-Bank-of-Raja.htmlhttp://www.livemint.com/2010/05/18173143/ICICI-Bank-to-buy-Bank-of-Raja.htmlhttp://economictimes.indiatimes.com/news/news-by-industry/telecom/GTL-Infra-acquires-Aircel-tower-business-for-Rs-8400-cr/articleshow/5446498.cmshttp://www.abbott.com/global/url/pressRelease/en_US/60.5:5/Press_Release_0890.htmhttp://trak.in/tags/business/2010/03/31/bharti-zain-acquisition-deal/http://trak.in/tags/business/2010/05/11/reliance-ambani-brothers-past-present-future/


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JSW and Ispat Ki Kahani

Jindal Steel Works acquired41% stake at Rs 2,157 cr in

Ispat Industries to make it the largest steel producer in

the country. This move would also help Ispat return toprofitability with time

Reckitt Benckiser goes shopping

Reckitt acquired Paras Pharma at a price of US $ 726million to basically strengthen its healthcare business in

the country. This was Reckitts move to establish itself asa strong consumer healthcare player in the fast growing

Indian market

Mahindra goes international

Mahindra acquired a 70% controllingstake in troubledSouth Korea auto major Ssang Yong at US $ 463 million.

Along with the edge it would give Mahindra in terms of

the R & D capabilities, this deal would also help them

utilise the 98 country strong dealer network of SsangYongFortis Healthcare acquisitions

Fortis Healthcare, the unlisted company owned byMalvinder and Shivinder Singh looks set to make it two in

two in terms of acquisitions. After acquiring Hong KongsQuality Healthcare Asia Ltd for around Rs 882 cr lastmonth, they are planning on acquiring Dental Corp, the

largest dental services provider in Australia at Rs 450 crAs you see in the list, the M & As have happened acrossindustries and sectors like banking, automotive,

healthcare, FMCG, telecom etc. This shows that thisreally has been the dream year of Indian industry.
http://www.financialexpress.com/news/icici-bank-cheers-jsw-steelispat-deal/727666/http://www.financialexpress.com/news/icici-bank-cheers-jsw-steelispat-deal/727666/http://www.hindu.com/2010/12/14/stories/2010121464992200.htmhttp://trak.in/tags/business/2010/11/24/mahindra-ssangyong-acquisition/http://trak.in/tags/business/2010/11/24/mahindra-ssangyong-acquisition/http://www.newsbycompany.com/post/view/1258/Fortis-Global-to-acquire-Hong-Kong-s-Quality-Healthcare/http://www.newsbycompany.com/post/view/1258/Fortis-Global-to-acquire-Hong-Kong-s-Quality-Healthcare/http://www.newsbycompany.com/post/view/1258/Fortis-Global-to-acquire-Hong-Kong-s-Quality-Healthcare/http://www.newsbycompany.com/post/view/1258/Fortis-Global-to-acquire-Hong-Kong-s-Quality-Healthcare/http://www.newsbycompany.com/post/view/1258/Fortis-Global-to-acquire-Hong-Kong-s-Quality-Healthcare/http://trak.in/tags/business/2010/11/24/mahindra-ssangyong-acquisition/http://www.hindu.com/2010/12/14/stories/2010121464992200.htmhttp://www.financialexpress.com/news/icici-bank-cheers-jsw-steelispat-deal/727666/


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recent business acquisitions in india

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