Merger and Acquisition, a type of Corporate Restructuring have become a major force in the financial and economic environment all around the world.
In India also many of the business group and their companies are engaged in some kind of Corporate Restructuring.
Major mergers and Acquisitions that took place in the recent past among the Indian Companies are….
ITC’s Merger of ITC Hotels, a listed subsidiary itself.
Consolidation in the Tata Group, Videocon Group, Jindal Group etc
Acquisitions of IPCL by Reliance Industries.
The merger of NARMADA CHEMATUR PETROCHEMICAL PLANT (NCPL) with GUJARAT NARMADA VALLY FERTILIZER COMPANY (GNFC) which took place in the year 2006 was one of the recent mergers that took place in Gujarat.
The project “Merger of with GNFC” deals with,
The various reasons which lead to the merger,
The regulatory processes to be followed by transferee and transferor company,
Calculation of goodwill,
Financial analysis of GNFC pre merger and post merger,
Recommendations.
INTRODUCTION
In every organization’s life and in every economy’s life comes a time when growth development and expansion seems to reach a plateau. Across what is today called the developed countries, we are witnessing such a Cycle, where iconic brands, companies and institutions are being acquired and merged. And across the world into Asia, transition economies like India, China are pumping in billions of dollars to acquire a stake or control of some of the crown jewels of American/European Business & Industry.
Until up to a couple of years back, the news that Indian companies having acquired American-European entities was very rare. However, this scenario has taken a sudden U turn. Nowadays, news of Indian Companies acquiring a foreign business is more common than other way round.
Buoyant Indian Economy, extra cash with Indian
