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
1.4. Wells-Fargo acquires Wachovia Bank for $15.1 billion
Besides the giant Bank of America, the most famous acquisition in the banking world in recent times is Wells-Fargo’s acquisition of Wachovia bank with a value of US$15.1 billion. After surpassing rival Citigroup in the competing acquisition of Wachovia, Wells Fargo has raised its level to par with other major US banking rivals such as JP Morgan Chase and Bank of America. Accordingly, this bank will have assets of $ 1.420 billion and become the third largest bank in the US.
1.5. UFJ Holding Bank merged with Mitsubishi Tokyo Financial group
Next is the successful merger in the Japanese banking industry when Mitsubishi UFJ Financial group is the result of the merger between two banks UFJ Holding and Mitsubishi Tokyo Financial group. This great bank was officially established and put into operation on October 1, 2005. Mitsubishi UFJ Financial group has now become one of the most powerful financial groups in the world with a capital of up to 1.770 billion USD with 40 million customers, surpassing Citigroup of America in terms of asset value. Analysts say the merger represents the recovery of the Japanese banking industry after a period of heavy debt.
1.6. New York exchange NYSE buys Euronext for $14.3 billion
The New York Stock Exchange NYSE made a huge merger and acquisition deal when it acquired Euronext for $14.3 billion. The transaction was announced in June 2006 and completed in April 2007. Euronext is one of the largest exchanges in Europe and includes exchanges in Paris, Brussels, Amsterdam and Lisbon. . This merger has made NYSE Euronext one of the largest exchanges in the world, offering a wide range of financial products and services to investors around the globe. The acquisition also created many opportunities for NYSE Euronext to grow and expand its business in the international financial markets.
2. M&A deals in the technology industry
2.1. Antel merged with TPG Capital and Goldman Sachs worth $27.5 billion Antel company – a wifi service provider ranked in the 10th grade in the US has merged into TPG Capital and Goldman Sachs with a value of 27.5 billion USD. Through this agreement, Antel will become a subsidiary of TPG and Goldman Sachs. This deal is considered an important step in improving Antel’s competitiveness and growth in the market. Besides, TPG and Goldman Sachs also hope to take advantage of Antel’s growth ability to increase profits for themselves. This M&A deal also brings many benefits to stakeholders and opens up many development opportunities in the future.
2.2. Thomson (Canada) bought Reuters news agency (UK) for over 17 billion USD Thomson’s deal (Canada) to buy Reuters news agency (UK) for over 17 billion USD took place in 2008 and is considered one of the largest M&A deals in media history. The deal allows Thomson to own a 53% stake in the newly created company, while the rest will go to Reuters shareholders. This deal is highly appreciated by the combination of two leading media companies in the industry. Thomson owns business and financial information services, while Reuters is one of the world’s leading providers of news and financial information services. The combination of these two companies has created a multinational organization operating worldwide with the ability to provide better and more efficient financial information and news services. This deal has brought many benefits to both parties. Thomson has expanded its business and increased its competitiveness in the global market, while Reuters has enhanced its ability to provide information and financial services to its clients. Overall, this M&A deal has brought many benefits to the entire media industry and is an example of cooperation between leading companies in the industry.
3. M&A deals in the auto industry The financial crisis and economic recession are taking place like a teardrop that has caused heavy impacts on the automotive industry in the world. Therefore, the merger and acquisition cooperation is an inevitable trend in the context of the general difficulties of this industry.
3.1. Chrysler – Fiat . Merger and Acquisition (M&A) One of the successful mergers and acquisitions in recent years is the fact that Fiat – the Italian car manufacturer has acquired a stake in the third largest US car manufacturer, Chrysler, after the company filed an application. apply for bankruptcy protection. Chrysler’s bankruptcy filing and its deal with Fiat are seen by observers as an important development for the world’s auto industry, including its competitors and suppliers. by Chrysler. Accordingly, Chrysler has suddenly announced that it has reached a merger agreement with Fiat, in which the Italian automaker will initially hold a 20% stake in Chrysler. The deal also allows Fiat to hold a stake of up to 35% in Chrysler if the Italian automaker invests in operations in the US market and transfers technology for small-car production to Chrysler. In addition, once Chrysler has finished paying off the loans that have been granted to the US Treasury Department, Fiat could eventually own a 51% stake in Chrysler. The most important reason for Italy’s largest car company to want to shake hands with Chrysler is none other than to have a bridge to penetrate the US market. With inherent internal resources, through Chrysler, Fiat has the power to create surprises in the US market. The models that Fiat very much want to bring into the US right now are the Fiat 500 small car and some new Alfa Romeo models. These models, if available in the US, will certainly be very expensive because of their low prices, fuel economy and attractive designs. However, Fiat found that its models would sell better if assembled and manufactured in the US. For its part, Chrysler also reaps many benefits if it joins hands with the Italian giant. In addition to the financial benefits to help Chrysler overcome the crisis, this American car company also received technological help in conquering difficult customers in Europe.
3.2. Volkswagen – Porsche Merger and Acquisition (M&A) The European auto industry in recent years has been equally bustling in mergers and acquisitions. In addition to the fact that the German auto industry is considering the acquisition of GM’s Opel division in Europe, with the success trend in favor of Canada’s Magna, the European auto industry is also receiving good news about the merger agreement. between two German car giants, Volkswagen and Porsche. Accordingly, by 2011, the two companies will share the same roof and become one of the largest car brands in Europe. Europe’s largest car manufacturer Volkswagen and Porsche announced that they have reached an agreement to merge operations to become a unified car group under the leadership of Vo
