According to Securities Data
Corporation, there were more than 2000 Announced cross-border acquisitions in 1996 worth over $252 billion. (72% in manufacturing and 75% in services ).
With cross border M & A, companies can increase its profitability and scope of their marketing.
Cross Border M & A Example
1. Tata steel acquired Corus group which is UK company with 12000 million dollars.
2. Videocon bought Thomson SA of French Electronics company with 290 million $
Many cross border mergers and acquisitions are not successful due to so many difficulties in cross border mergers and acquisitions which we can explain in following list
1. Language barriers
2. Legal Barriers
4. Economic Barriers
5. Attitudinal Barriers