Map
Case

Emerging-market deals: Wipro, Hisense and Baosteel

Wipro agreed in August 2007 to buy US-based Infocrossing for about $600 million in cash, adding five US data centres (Computerworld). In November 2017 Hisense Electric agreed to buy 95% of Toshiba Visual Solutions for ¥12.9 billion, with a 40-year licence to the Toshiba brand (Hisense). In September 2016 Baosteel announced a share issue to absorb Wuhan Iron and Steel (Reuters). A 2015 review notes a much smaller body of research on M&A in and out of emerging economies than on developed ones (Lebedev et al.).

Industry
IT services, consumer electronics and steel (India, China)
Frameworks applied
Types of M&A by relatedness
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Frameworks applied

This case is read through the frameworks below.

  • Types of M&A by relatednessWhen a leadership team is weighing an acquisition or merger, is the target's business related enough to its own to create real synergy?

Sources

References

Listed A–Z by author surname, Harvard style. A source with a DOI links to https://doi.org/…; one without links to its page or says plainly that it has no DOI.

  1. Hisense (2017) Hisense Purchases Toshiba Television Business. PR Newswire.No DOIprnewswire.comCited in 1 article
  2. Lebedev, S. et al. (2015) ‘Mergers and acquisitions in and out of emerging economies’, Journal of World Business, 50(4), pp. 651–662.doi:10.1016/j.jwb.2014.09.003Cited in 1 article
  3. Reuters (2016) China Baosteel's takeover of Wuhan to create world's No. 2 steelmaker. Asia Times.No DOIasiatimes.comCited in 2 articles
  4. Ribeiro, J. (2007) Wipro to acquire U.S. services provider Infocrossing. Computerworld.No DOIcomputerworld.comSource page