Driving a hard bargain

Article Abstract:

Automobile makers are continuing the trend of mergers and acquisitions in 1998, with the largest proposed merger between Daimler-Benz and Chrysler Corporation, estimated at 24 billion pounds sterling. The merger would increase Chrylser's sales in Europe, which are significantly lower than its 90% of sales in the US. Up to 25% of the global car market is supplied by 10 main manufacturers, putting pressure on firms to have complete control over all aspects of design, production and sales.

Motor vehicles and car bodies, Automobiles, Automobile Manufacturing, Mergers, acquisitions and divestments, Automobile industry, Daimler-Benz AG, Chrysler Corp., C

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A cascade of deals

Article Abstract:

Latin American has enjoyed a flurry of mergers and acquisitions (M&A) over the last 12 months, dominated by US and Spanish investment. Foreign companies have to date targeted the telecommunications and banking industries where privatisations have been taking place. A temporary slowdown is currently anticipated, followed by continued M&A activity.

Economic aspects, Acquisitions and mergers, Latin America, Privatization, Privatization (Business)

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