SYNERGIES EVALUATION- A CASE STUDY OF NICHOLAS PIRAMAL LIMITED TAKEOVER ROCHE PRODUCTS LIMTED
Shreelakshmi N, Dr Manoj Kumara N V
Merger and Acquisitions, Ratios, Synergies
Merger and Acquistion refers to the consolidation of companies or assets to get the competitive edge over the competiros that contribute for the survival of the fittest. This paper is an attempt to compare the synergetic performance of the firm in post acquisition. The data for a period of five years (2013-2017) is considered as sample size for the analysis. The study is a descriptive research, methodology adopted for the study to solve the problems are the descriptive statistics, probability sampling design, financial ratios and statistical tools. The companys Return on Assets value 0.00 and Return on Capital Employed value 0.03 which is less than 0.05 level of significance, hence the H0 is rejected and it can be concluded that there is significant difference in the synergetic performance of acquiring company after acquisition. Therefore the Merger and Acquisition acts a boosting tool for synergetic performance of the acquiring company.