Takeover
An acquisition is a strategic business move in which one company takes control of another company by acquiring shares, assets or other property. This process is fundamental to business growth and development and has several goals, such as increasing market share, diversifying operations and acquiring specific resources or competencies. Acquisitions can vary in size, from small local companies to global conglomerates.
The acquisition process
The acquisition process usually involves due diligence, in which the buyer conducts thorough research on the company to be acquired, followed by negotiations on terms and price. After approval by the relevant authorities and shareholders, the acquisition is closed, after which integration of the two companies takes place. Successful acquisitions often require managing operational and cultural challenges to exploit synergies and create value for all stakeholders. Acquisitions matter in the business world and have significant impact on the economy and competition within different sectors.