Mergers and Acquisitions in The Post-Liberalised Regime-A Review

Madhumitia Dasgupta
2016 unpublished
In the ever changing world economy, mergers and acquisitions have become a popular vehicle for emerging companies to rapidly accessing new opportunities and capacities. The functional importance of Mergers and Acquisitions has been undergoing a sea change since liberalization in India. Mergers and acquisition are a means to a long-term business strategy. M&A is playing a fundamental role in the corporate strategy and in the post 1991 liberalization era, it has acquired a new dimension in the
more » ... dimension in the global economy. The major rationale behind such M& A activity has been attributed to the enhancement of the market share, higher profitability and attainment of economies of scale. Given this broad perspective, present study is a re-examination of the performance of some of the companies in the Indian corporate picture which have resorted to this strategy of market expansion. The paper tries to analyse the performance of some of the firms post the event date.