Mergers and acquisitions among Tier One suppliers have played well on Wall Street in recent years. But have they benefited shareholders? Maybe not, says a recently completed 5-year study by Andersen Consulting analyzing the impact of mergers and acquisitions on more than 25 of the top independent automotive suppliers globally. Andersen says that in 1997 and 1998, median shareholder returns for the more active acquirers (those that made six or more acquisitions over a 5-year period) fell ...
Premium Content (PAID Subscription Required)
"Study: Mergers May Not Benefit Stockholders" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.