Professional Documents
Culture Documents
Ventures, M & As
Prof A K Mitra
Alliances
Cooperative / collaborative arrangements between two
or more firms (who could be potential or actual
competitors) could be :
Strategic Alliances
JV
R&D partnerships, Manufacturing / Marketing agreements
Licensing, Franchising
Consortia
Value Chain Partners
M&A
14
16
17
20
67
30
12
12
4
12
Strategic Alliances
A Strategic Alliance is a relationship between
firms that allows firms to create more value than
they could individually. Commitment to cooperate in some form of relationship.
The firms come to attain agreed upon goals, while
maintaining the independence
The term strategic alliances has been used to
describe relationships among companies that are
something short of establishing a JV entity.
Firms enter Strategic Alliances with their
competitors, suppliers, and customers
GM and Toyota to assemble automobiles
Siemens and Philips to develop new semiconductor
technologies
Joint Ventures
Conglomerate mergers
Product extension merger
Geographical extension mergers
Pure conglomerate merger
Financial conglomerates
b.
c.
Management Buyout
When the professional management or non-promoter of a
company carries out leveraged buyout of the company from
its promoters.
Learning
Cross border M&A most in automobiles, oil,
Telecom, FMCG, Pharma, banking, entertainment
etc.
Public Activity: