Performance and synergism of Brazilian mergers and acquisitions that occurred between 1995 and 1999

  • Marcos Antônio de Camargos Centro Universitário de Belo Horizonte
  • Francisco Vidal Barbosa UFMG; FACE; CEPEAD; CAD
Keywords: Mergers and Acquisitions, Mergers and Acquisitions in the Brazilian Market, Economic-Financial Performance, Synergies, Fundamentalist Analysis

Abstract

Mergers and acquisitions are changing the business and management environment, which is characterized by capital concentration, organizational restructuring and cyclical movements. This may be viewed as a response of organizations to sharpening competition here as well as abroad. The theoretical framework of Fundamentalist Analysis was used to analyze the financial performance and synergism of Brazilian companies involved in mergers and acquisitions between 1995 and 1999. The average index values of these companies were compared in the triennium before and after the fact. Results showed a deterioration of the financial situation and an improvement of the economic situation accompanied by operational and managerial synergisms.

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Published
2005-06-01
How to Cite
Camargos, M., & Barbosa, F. (2005). Performance and synergism of Brazilian mergers and acquisitions that occurred between 1995 and 1999 . REGE Revista De Gestão, 12(2), 99-115. https://doi.org/10.5700/issn.2177-8736.rege.2005.36520
Section
nd1932906236