This document discusses the motives and some examples of mergers and acquisitions (M&A). Key motives for M&A include gaining a competitive advantage by reducing competitors, combining resources that were previously locked with one company, achieving vertical integration, and realizing economies of scale. Some notable M&A deals mentioned are Tata Steel merging with Corus to become the 5th largest steel company, Mittal Steel merging with Arcelor, AOL acquiring Time Warner, and Hindalco taking over Novelis. Potential problems with M&A mentioned are changes to corporate culture and incompatibility of resources between merging companies.

1. MERGER AND AQUISITION

2. MOTIVES OF M&A . Provides competitive edge as competitors are reduced . .Resources locked with one company is equally distributed .Provides vertical integration .Economy of scale

3. Some Great m&a Tata steel (56)largest merged with corus (9)to become ( 5) largest steel company Mittal steel merger with Arcelor AOL acquires Time Warner in $164747 in 2000 Hindalco take over novelis canada &3.6 billon

4. Problem with m&a Changes the cooperate culture Incompatibility of resources