The Use of Merger and Acquisition as a Growth Strategy in Nigerian Organizations

ABSTRACT

The Use of Merger and Acquisition as a Growth Strategy in Nigerian. This examen takes a look at the embracement of couplings and obtainments as a growth strategy in Nigerian associations.

There’s no gain saying the fact that numerous companies have been having money problems due to mismanagement and gainful meltdown.

In order to save similar companies from going into liquidation, unions, s and accessions can be used to revive comparable companies if fittingly taken on. truly though consolidations and obtainments are always boring to as the same thing, they’ve some differences.

A linking happens when two companies that have entities in common matching the same line of yield agree to go forward as a single rather than remain independently possessed and operated.

Acquisition on the other hand occurs when one company takes over another and easily establishes itself as the new proprietor. This inquest work stressed the benefits involved in the relinquishment of combinations and accessions.

This work used two unifications and accessions that passed in the 1980s and two combinations and accessions that passed in the 2000s to dissect how junction and accession can be used to increase the profit of an association.

The associations espoused for this work are the Nigerian Bottling Company, John Holt Plc, United Bank for Africa, and Diamond bank. I hope you understand The Use of Merger and Acquisition as a Growth Strategy in Nigerian.

TABLE OF CONTENTS

Title page
Certification——– i
Dedication—————- ii
Acknowledgement——— iii
Abstract—————– iv

CHAPTER ONE

1.0 INTRODUCTION ———– 1
1.1 Conceptual Framework——–1
1.2 Background of study————- 1
1.3 Statement of the problem—–4
1.4 Purpose of study————-5
1.5 Research questions——6
1.6 Hypothesis——————6
1.7 Significance of study——-7
1.8 Limitations of study————7
1.9 Definition of terms————-8
References—————————–10

CHAPTER TWO

2.0 LITERATURE REVIEW
2.1 Introduction——————11
2.2 Definitions of Merge and Acquisition————————-11
2.3 Types of merger and acquisition——————————13
2.4 Historical developments of merger and acquisition —–15
2.5 Reasons why firms undertake merger and acquisition–17
2.6 Initiation of merger and acquisition————————- 19
2.7 Why mergers and acquisitions fail—————————24
2.8 Effective mergers and acquisitions strategies———–26
References——————————————————-32

CHAPTER THREE

3.0 RESEARCH METHODOLOGY
3.1 Introduction——————————————————-35
3.2 Method of data collection————————————-35
3.3 Research Design———————————————–36
3.4 The population of study and sampling design———-36
3.5 Description of the instrument——————————–37
3.6 Description of research respondents———————-38
3.7 Method of data analysis—————————————39

CHAPTER FOUR

4.0 PRESENTATION AND ANALYSIS OF DATA
4.1 Introduction—————–40
4.2 Data Presentation————–40
4.3 Testing Hypothesis———-52

CHAPTER FIVE

5.0 FINDINGS
5.1 Introduction————–61
5.2 Summary of findings———–61
5.3 Recommendations————62
5.4 Conclusions—————63
BIBLIOGRAPHY———— 65
APPENDIX——————– 69

INTRODUCTION

1.1 Conceptual Framework

The conceptual framework of this study falls within the business policy/strategy management theory. Business policy is the active process of guiding the course of a firm toward its objectives.

Strategic management is the increasing responsibility of managers to respond to changes in the business environment through Strategic planning, Capability planning, Real-time response to issues by management, and Management strategic change.

The focus of business policy/strategic management is on how to formulate strategies to respond to environmental changes.

Mergers and acquisitions are aspects of strategy formulation. This study is investigating how mergers and acquisitions can be used as aspects of growth strategies.

Background of the Study

Business combinations that may take the forms of mergers, acquisitions, amalgamation, and takeovers are important features of corporate structural changes.

They have played an important role in the external growth of a number of leading companies the world over. In Nigeria, mergers and acquisitions were not so common,  until recently due to the economic meltdown.

BIBLIOGRAPHY

Adegbite A.R. (1989; 4) “Merger and acquisition-some issue” The Nigerian Banker.

Alan C. Shapiro (1989; 923-970) Modern corporate Finance, Macmillan publishing company, New York.

Applebaum, Steven H., Gandell, Joy, Jobin, Francois, Proper,  Shay and Yortis, Harry (2000; 43) “Anatomy of a merger: behaviour of organizational factors and processes throughout the pre-during-post-stages” Management Decision.

Belverd E. Needles, Marian Powers, Sherry K. Mills, Henry R. Anderson, James C. Caldwell and Susan V.  Crosson. (1999; 1199) Financial and managerial accounting  published by Houghton Mifflin New York.

Cartwright S. and Cooper C. L (1996; 224) Managing Mergers,Acquisition and Strategic Alliance (2nd edition). Woburn, MA; Butter worth – Heinemann

Cartwright, S. (2006; 178) Why Mergers Fail and How to prevent it, in Business the Ultimate Resource (edited), Cambridge A and C Black Publishers Limited.

StudentsandScholarship Team.