the market share of an organization in the year 2006 was 50% after the takeover of another company it increased by 40% in the year 2007 due to competition by other organizations it reduced by 10% in the 2007 year 2008 as compared to the year 2007.what is the share in the year 2008 as compared to the year 2006
Answers
Answer:
Step-by-step explanation:
Mergers and acquisitions, the stuff of newspaper headlines, quite often fail. Around 50% of mergers don’t achieve their business objectives, and takeovers cause the shareholders of most acquirers to lose money, according to several studies conducted over the past four decades. Yet, in an ironic twist, companies from developing countries such as China, India, Malaysia, Russia, and South Africa are using M&A as their main globalization strategy today.
Even after the economic crisis engulfed the world in the last quarter of 2008, the Indian technology major Tata Consultancy Services picked up Citigroup Global Services (the North American bank’s India-based outsourcing division) for $505 million in October 2008; another Indian technology company, HCL, bought Britain’s Axon Group for $672 million in December 2008; and China’s Minmetals made a $1.7 billion bid for the Australian company OZ Minerals in February 2009. In fact, emerging giants clinched 26% of the previous year’s takeover deals between developed countries and developing ones, a recent A.T. Kearney study shows.
Answer:
Step-by-step explanation:
Mergers and acquisitions, the stuff of newspaper headlines, quite often fail. Around 50% of mergers don’t achieve their business objectives, and takeovers cause the shareholders of most acquirers to lose money, according to several studies conducted over the past four decades. Yet, in an ironic twist, companies from developing countries such as China, India, Malaysia, Russia, and South Africa are using M&A as their main globalization strategy today.
Even after the economic crisis engulfed the world in the last quarter of 2008, the Indian technology major Tata Consultancy Services picked up Citigroup Global Services (the North American bank’s India-based outsourcing division) for $505 million in October 2008; another Indian technology company, HCL, bought Britain’s Axon Group for $672 million in December 2008; and China’s Minmetals made a $1.7 billion bid for the Australian company OZ Minerals in February 2009. In fact, emerging giants clinched 26% of the previous year’s takeover deals between developed countries and developing ones, a recent A.T. Kearney study shows.