GK for IIFT, SNAP and XAT – Mergers and Acquisitions
Mergers and acquisitions (M&A;) and corporate restructuring are an important part of business. More often than not they make big headlines across the globe and are often featured in General and Business Awareness section of exams like IIFT, SNAP and XAT. More often than not, the questions are based on big deals that took place during the last 6 months to 1 year. When one of my students asked me to send him a list of important deals from 2013, I told him to Google it. I was pretty sure that someone would have made a list and the student was just being lazy. When he replied back saying that he couldn’t find one, to be honest – I was mildly irritated.
Then I hit Google myself to find out some such list but unfortunately wasn’t able to do so. There were a few lists which were given by value but it doesn’t work that way. I don’t think that Perrigo acquiring Elan for 8.6 B $ has a higher chance of being asked than Jeff Bezos (of Amazon) acquiring Washington Post for 0.25 B $. So, I decided to create one, thinking it would hardly take 10 minutes. Boy! I was wrong. It has taken me a lot longer than that and hopefully you will find useful.
I hope you found this post useful. If you have any suggestions to add to the list, please let me know via the comments section. I know that the cover image isn’t exactly great – suggestions for that are also welcome.
I have an online course on General and Business Awareness for XAT, IIFT and other Management Exams. You can use coupon code PUB25 for a 25% discount.
Ravi Handa, an alumnus of IIT Kharagpur, is the founder of HandaKaFunda. He teaches an Online CAT Coaching Course for CAT Preparation.