My Project Paper

Excellence is our
Passion

My Project Paper has come in existence to ease companies and students to

prepare best of project with professionalism to showcase what they want to
portray.

My Project Paper has helped several students and corporate clients by

providing them with analytical report, comparative statements, trend
analysis, reports for merger and acquisitions, marketing papers and
customized research work

We have launched a website www.myprojectpaper.com to ease companies

and students across the globe to avail this facility, and grab the best from the
Knowledge Domain

We are really happy to have you as a client and love to provide you with the
best solution available in the industry. Thanks for having faith in us.

-: Business head -: Marketing

and HR Head
Chanpreet S Grover Jaspreet
Arora
My Project Paper My
Project Paper
Mail me at:

Chanpreet@myprojectpaper.com Jaspreet@myprojectpaper.com
Merger’s and Acquisition in India
With the help of various Case
studies

Submitted By:

Supervised By:

External Guide: Internal Guide:

 ACKNOWLEDGEMENT
I wish to express my sincere gratitude to Mr. Mohit Bahuguna, (Sales Manager B&A,

Lucknow) for giving me the opportunity to do my summer training at his highly esteemed

Organization.

I am grateful to Mr.Ritesh Kumar Singh (Team Leader, ICICI Pru, Allahabad), Mr. Vishal

Agrawal, (ICICI Pru, Varanasi) for their Valuable guidance, advice, suggestion and

constant encouragement rendered to me at every stage.

I am also thankful to Mr.R.K.Nishad (IT officer, Varanasi), Mr. Ashok Kamal (Editor,

Samchar times) for giving me information and guidance during my training period.

I am extremely thankful to my Faculty Guide Dr. Arpita Khare at Indian Institute of

Information Technology for her invaluable Guidance and Suggestions during my

Training.

I am also thankful to all others who helped me directly or indirectly towards the

completion of my works.

MBA

IIIT- Allahabad
 Objective:-
Financial market is one of the markets where there is lots of option for the Company,
because this market is at the starting point or at the initial stage. Prudential is a part of
these financial markets who is going for potential take over, Mergers and acquisition to
expand and untertake all the various options available for growth and extract their
competitors leading to the advantage of high market growth, market share and synergy
leading to cutting down the cost. The Merger’s and Acquisition’s mainly depend upon the
company who have the power of money to go into a strategic alliance with other
companies in the form of mergers and acquisition, and our objective was to study about
the merger’s and acquisition’s, how they take place, their effect, advantages,types,
Procedure and this is analysed with the help of 6 different case studies on merger and
acquisition’s, our project “Merger’s and Acquisition in India With the help of

various Case studies” ,which mainly focus on finding out Advantages, Types,
success and failures of them their mode of merger .
 OBJECTIVES OF THE STUDY

• To study the Purpose of Mergers & Acquisitions.

• To study the Advantages of Mergers & Takeovers.

• To study the Procedure for Mergers & Acquisition

• To study the Mergers & Acquisitions In INDIA

RESEARCH METHODOLOGY

Secondary data was collected through websites, Magazines, Business

Newspapers .
 Contents
1. Companies Act, 1956 (SEC. 391 – 394) 2

2. Introduction to Mergers & Acquisitions 7

3. Purpose of Mergers & Acquisitions 10

4. Types of Mergers 13

5. Advantages of Mergers & Takeovers 15

6. SEBI – Guidelines for Substantial Mergers & Takeovers

18

7. Reverse Mergers 30

8. Procedure for Mergers & Acquisition 34

9. Causes for Success & Failures 37

10. Foreign Exchange Management Act 39

11. Important Terms 41

12. Comments On SEBI’s Draft takeover Code 46

13. Mergers & Acquisitions In INDIA 52

14. Case Studies
• GlaxoSmithKline Pharmaceuticals Limited, India 54

• Deutsche – Dresdner Bank 56

• Standard Chartered Grindlay’s 58
• Tata – Tetley 60
• Jet Airways Takeover Of Air Sahara 63
• Reliance Industries De-Merger 67

15. Bibliography 77