Profitability Analysis in Post –Acquisition of TATA Steel and Corus Groups
Roopini M, Dr. Manoj Kumara N V
mergers, acquisition, profitability analysis.
Mergers and Acquisition is a process of combing two or more entities into one entity and establish new one entity or exist entity acquiring a weaker company by the strong company. This research is analyzing of pre and post-merger and acquisition activity on Tata steel with Corus. This study focuses on investigation the operative effectiveness of the acquiring company and compare with results (profitability analysis) of pre and post-merger and acquisition activity. This research confined to 5 years from 2014 to 2018. The study followed by Hypothesis that state mergers improve operative effectiveness of the acquiring company. The study fall under descriptive research and for the analysis use both financial and statistical tools. Here, the research examined the correlation between operative effectiveness and company results after and before mergers and acquisition. The study expected to analyze the factors which increase the profit of the Tata steel company.