Indian Journal of Finance
By: Associated Management Consultants (P) Ltd.Single Issue
Single Issue
- IJF-July08-Article3-Worldwide acquisition by Indian companies:A case study of HINDALCO Industries Ltd.
- Price : 80.00
- Published on July 1, 2008
- Associated Management Consultants (P) Ltd.
- Issues 356
- Language - English
- Published daily
About this issue
During the last few months, most of the Indian companies were indulge in acquisition activities to explore the contemporary practices of corporate community in order to stay competitive. The acquisition of US – Canadian aluminium company ‘Novelis’ by India based company ‘HINDALCO Industries Limited (HINDALCO)’, a part of Aditya Vikram Birla Group of Companies, in 2007, is one of them, which makes the HINDALCO, the word’s largest aluminium rolled products producer as well as Asia’s largest primary aluminium producer.The present study discusses the acquisition of Novelis by HINDALCO and explains the acquisition deal in detail as well as highlights the benefits of the deal for both the companies. It also examines the challenges that HINDALCO would face in integrating the operations of Novelis.
About Indian Journal of Finance
Indian Journal of Finance, a source of sophisticated analysis of developments in the rapidly expanding world of finance, is a monthly journal with topics ranging from corporate to personal finance, insurance to financial economics and derivatives.