A series of mergers and acquisitions take place around the world, across industries, across companies and corporations both at home and abroad. Reviewing some famous M&A deals in the world to see that mergers and acquisitions are not only a way to destroy each other, but also a way to “overcome the flood” in the context of market difficulties.
1. M&A deals in the banking and finance sector
Considering the fields of mergers and acquisitions (M&A), it can be said that banking is the industry with the most active mergers and acquisitions (M&A) activities.
1.1. The deal ABN Amro merged with Barclays PLC worth $91 billion
First of all, there are two banking giants, ABN Amro of the Netherlands and Barclays PLC of the UK (3). These two giants have officially merged together with a value of more than $ 91 billion. This is considered the largest merger ever in the history of the European banking industry in particular and in the global financial industry in general. Under this merger agreement, the new group, called Barclays PLC, headquartered in Amsterdam (Netherlands), has approximately 47 million customers globally with a new management board consisting of 10 members from Barclays and 9 members. member from ABN Amro. This also means that Barclays merging with ABN Amro will create one of the largest banking groups in the world by market capitalization. Not stopping there, ABN Amro bank also continued to merge with Royal Scottish Banking Union RBS, Stantander of Spain and Fortis of Belgium – Netherlands. This deal has a total value of 101 billion USD.
1.2. Unicredit SPA acquired Societe Generale SA and Capitalia SpA
Next is Unicredit SPA – one of the most famous Italian banks that bought Societe Generale SA and Capitalia SpA banks, causing a stir, this is a big M&A deal in the European banking market. Unicredit SPA is one of the largest Italian banks and has expanded its operations in many countries around the world. The acquisition of Societe Generale SA and Capitalia SpA helps Unicredit SPA increase its coverage in the European market and strengthen its competitiveness with other competitors in the banking industry. The deal has attracted the attention of business circles and investors worldwide because of its large scale and its impact on financial markets and the global economy.
1.3. Bank of America acquires Merrill Lynch for $50 billion
In the US banking sector, the ambition to lead the domestic banking industry in the US was the driving force behind Bank of America’s acquisition of Merrill Lynch for $50 billion. This merger gave birth to the most powerful financial group in the world. Accordingly, Bank of America has become the largest commercial bank in the US by deposits and market capitalization and is a member bank of the US Deposit Insurance Corporation (FDIC). Through this, Bank of America collects up to 90% of its profits from the domestic US market. The bank’s goal is to remain at the forefront of the domestic US
