Mergers and Acquisitions: the Indian Scenario

One of the most important inorganic means of achieving business growth is Merger and Acquisition. As business continues to globalize, there are huge opportunities to improve efficiency through this means. The corporate groups grow into massive, fairly inefficient conglomerates, and it should be possible to drive them towards focus through sell-offs or partnership. Other opportunities lie in consolidating smaller business units, or buying similar and congruent businesses elsewhere, thereby addressing the issue of excess capacity. An M&A transaction can truly change the market?s perception of the value of a business by transferring it to other shareholders, who might be able to look at it differently. The book has been designed to examine the prospect of mergers and acquisitions for the Indian companies. The study is based on the general understanding of M&A and its century-old global experience. It encompasses the evolution of M&A amongst the Indian industries under the situation of a true developing economy. The analysis should be especially useful to finance professionals as well as researchers and anyone else who may be interested in the M&A scenario.