Transborder M&A deals in the world nickel industry
Keywords:
Nickel industry, mergers and acquisitions, non-ferrous metals, investments, synergy, reserves, target company, hostile takeoverAbstract
The article considers the economic globalization impact on the world non-ferrous metallurgy and on one of its branches-nickel industry in particular, on capitalization growth of nickel TNC through mergers and acquisitions of its competitors in the industry. Transactions targets are to reduce company production costs, to optimize logistics processes, to get access to efficient production technologies, to strengthen the company financial position. During the post-crisis period, the main players in the world's leading nickel industry invest heavily in nickel assets. The monopolization of the market through M & A transaction is a unique way of survival for many companies. Due to globalization this process leads both to reduction of the number of participants and to strengthening the power of the leaders in the world nickel industry.