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Case Discussions of Mergers and Acquisitions

  • Vinod Kumar
  • Priti Sharma
Chapter

Abstract

This chapter pertains to an in-depth case analysis of Hindalco–Novelis and HP–Compaq M&A. It details almost all the relevant aspects of the case ending with discussions on the performance post-merger and how the deal has found to be creating/destroying value. The acquisition of Novelis by Hindalco resulted in emergence of Hindalco as a completely integrated manufacturer of aluminum. The acquisition was a strategic fit and a win-win for both the combining players. The HP–Compaq case highlights the reasons of failure of deal which initially was thought to be a great deal. The expected synergies could not be realized due to poor post-merger integration caused by cultural difference and leadership issues.

Keywords

Acquisition Hindalco–Novelis Aluminum Integrated manufacturer Valuation Merger outcome HP–Compaq Post-merger integration 

References

Copyright information

© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Vinod Kumar
    • 1
  • Priti Sharma
    • 2
  1. 1.SGND Khalsa CollegeUniversity of DelhiNew DelhiIndia
  2. 2.Institute of Management Technology, Centre for Distance LearningGhaziabadIndia

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