Corporations plying the Monopoly game!

Yes, 2007 beginning itself has witnessed a number of Mergers & Acquisitions that it would not be wrong to say that Corporations are now seen as products by the big corporations! Also the speed at which the ownership of these huge corporations change hands, FMCG or rather Fast Changing Corporate Governance 'FCCG' has become the buzz word!

This time we have Vodaphone buying 67% in Hutchison Essar at an enterprise value of $19.3 billion (Rs 86,000 crore). Where once company paves its way into the Indian Markets on one hand, we also have Hindalco an Aditya Birla Group undertaking on the other, that acquired Atlanta- based flat aluminium products major Novelis.

The global markets follow the Jungle rule, Survival of the fittest!

The Scenario today is quite like the monopoly game. One who acquires the most, gets the most in the long run. In years to come, I think we will have only 4-5 Big corporations with major market share that will make the world go round.


Here is where you can read more on Vodaphone and Hindalco Acquisitions.

Vodaphone Story -
http://economictimes.indiatimes.com/Vodafone_connects_buys_Hutch_for_19b/articleshow/1593577.cms

Hindalco Story -
http://www.financialexpress.com/fe_full_story.php?content_id=154537

~~
Varun Nagpal,
Corporate Study Team,
IMERT, Pune