In: Accounting
give some example about a cross-border mergers and
acquisitions company.
the companies must be lised companies.
Following are the examples of cross-border and acquition companies:-
1.The Jet-Etihad deal and the Air Asia deal in the aviation sector in India are good examples of how cross border M&A deals need to be evaluated against the points mentioned previously.
2. The Chinese oil major SNOPC had to encounter stiff resistance from the US Senate because of security concerns and potential issues with ownership patterns.
3.Tata Steel acquired UK based Corus for $ 8 billion.
4.Suzlon Energy Ltd acquired German firm Repower Systems AG for
$ 1.7 billion.
5.United Spirits bought Scotch whisky distiller Whyte & Mackay
for US$ 1.11 billion
6.Hindalco acquired Novelis for $ 6 billion
7.Sistema, Russian Joint Stock Company’s acquisition of 74% stake
in Shyam Telelink – Telecommunications
8.French banking major BNP Paribas’s acquisition of 45% stake in
financial services firm Sundaram Home Finance for $45.81
million
9.Standard Chartered Bank bought 49% stake for $34.19 million in
UTI Securities and Interpublic Group hiked its stake in Lintas
India to 100% for $100 million