期刊名称:AESTIMATIO : the IEB International Journal of Finance
印刷版ISSN:2173-0164
出版年度:2014
期号:9
页码:182-199
DOI:10.5605/IEB.9.8
出版社:Instituto de Estudios Bursátiles
摘要:Businesses today consider mergers and acquisitions to be a new strategy for their com- pany's growth. Companies aim to grow through increasing sales, purchasing assets, accumulating profits and gaining market share. Thus; the best way to achieve any of the above-mentioned targets is by getting into either a merger or an acquisition. As a matter of fact, growth through mergers and acquisitions has been a critical part of the success of many companies operating in the new economy. Mergers and acquisitions are an important factor in building up market capitalization. Based on three structured interviews with major Saudi Arabian banks it has been found that mergers motivated by economies of scale should be approached cautiously. Similarly, companies should also approach vertical mergers cautiously as it is often difficult to gain synergy through a vertical merger. Firms should seek out mergers that allow them to acquire specialized knowledge. It has also been found that firms should look for mergers that increase market power whilst avoiding unrelated mergers or conglomerate mergers.
关键词:Synergy; Mergers and Acquisitions; Saudi Arabia