مجلة نماء للإقتصاد والتجارة
Volume 6, Numéro 1, Pages 323-340
2022-06-30

Outcome Of Biddings For British Target Companies By Periods And Economic Sectors - The Case Of Cash-rich Bidders -

Authors : Bouzidi Rabah .

Abstract

A vital subject of mergers and acquisitions markets is the outcomes of bids, which can be either successful or unsuccessful. In this study,Abstract: A vital subject of mergers and acquisitions markets is the outcomes of offers (bids), which can be either successful or unsuccessful. In this study, particularly, 79 percent of bidding companies succeeded in their attempts to control target companies. However, the success percentages differ when some British economic sectors and periods of time are considered. We employed the Z-value and Chi-Square tests to compare some groups of proportions of offer outcomes in mergers and acquisitions of British public companies. Findings indicate that there are significant differences between proportions of offers outcomes across some economic sectors and periods of time, which suggests that managers should consider these differences when making strategic decisions or when bidding for target companies.

Keywords

Offer; Outcome; Cash; Periods; Industry