US sees hostile subsidiary bids
Article Abstract:
A new trend in the US acquisitions market is the hostile takeover of subsidiaries. Following several successful acquisitions in the first half of 1995, the trend is set to continue. The uncertain business climate and greater shareholder involvement is encouraging the practice, sometimes known as subsidiary bear hugs. Generally, the target subsidiary must be large enough to have an affect on the parent's stock value and the stalking acquirer must play a waiting game. Recent successful acquisitions include Nine West Group's bid for US Shoe's footwear division.
Publication Name: Mergers & Acquisitions International
Subject: Business, international
ISSN: 1066-3525
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Networking: new trends in cross-border transactions
Article Abstract:
Acquisition activity has declined recently, particularly cross-border deals, as a result of financial pressures on companies and low levels of confidence among managers and in equity markets. Many concerns are still dealing with purchases made in the 1980s, and there are few interesting acquisition targets left. However, there has been a rise in networking over recent years, with companies focusing on establishing working relationships between themselves in the form of joint ventures, cooperation deals or strategic alliances.
Publication Name: Mergers & Acquisitions International
Subject: Business, international
ISSN: 1066-3525
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
US M&A bandwagon gains speed
Article Abstract:
Merger and acquisition (M&A) activity in the U.S. has continued to rise during the first half of 1995, with announced acquisitions totalling $164.9 billion during the period, up 21% from same period 1994. Leading adviser during the period was Morgan Stanley, followed by CS First Boston and Goldman Sachs. A significant factor is the increasing interest in new industry sectors, such as chemicals, gaming and construction.
Publication Name: Mergers & Acquisitions International
Subject: Business, international
ISSN: 1066-3525
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Finding the critical path in an activity network with time-switch constraints. Evolutionary algorithms for periodic arc routing problems
- Abstracts: Managing the human side of cross-border acquisitons in South Korea. National cultural distance and initial foreign acquisition performance: the moderating effect of integration
- Abstracts: The feminist missionary. Japan's faithful under threat. Prophet motive: missionary zeal and marketing savvy spawn a host of new religions in Japan
- Abstracts: Learning to love the banks. Banking: the big re-appraisal. Banks are still failing the growing business: more peopel are considering changing their bank
- Abstracts: Hard climb out of a crisis: India's energy policy needs a new tank of gas. Experts say renewed war in Sri Lanka will slow down economic growth in '95