Biggest Mergers in History

Posted by iGaming Buzz on September 13th, 2019

Currently, even among the companies that are among the leaders of their markets, there is a tendency towards enlargement. Some of them, driven by the goal of increasing their market share, is going to absorb large competitors and even merge with them. After the conclusion of such transactions, real industry giants are often obtained, which is why they are carried out under the tireless control of antitrust services. Below you will find examples of the largest mergers and acquisitions in history in various sectors of the economy. But if you are not interested in delving into all the details of mergers of well-known companies, you can always play in casinos that accept Ukash to have some fun and since the Ukash company experienced the merge themselves.

The Largest Merger in History

The largest merger transaction is the merger of America Online Inc. and Time Warner - it was estimated by experts at an astronomical amount of 186 billion dollars. The purpose of this merger was to unite America Online, the largest Internet service provider. a customer base with Time Warner infotainment resources. Despite the fact that legally it looked like a takeover of Time Warner, in practice, the newly created giant came under the joint management of the leadership of both companies.

Mobile Connection

The second-largest takeover in history comes from Vodafone AirTouch's acquisition of telecom giant Mannesmann. For a long time, these companies were competitors: Vodafone occupied leading positions in the British and American mobile markets, and Mannesmann owned several of the largest European operators. As a result, Vodafone bought a competitor for 185 billion, which was the largest deal in the industry.

Beverage Production

Oddly enough, the third-largest takeover falls on companies engaged in the production of beer. In 2016, one of the largest beer producers AB InBev acquired another brewery - SABMiller, which allowed them to occupy more than a third of the world market. The deal amounted to about 105 billion dollars, which was the largest merger in the food industry.

Finance

The fourth-largest merger transaction is in the financial sector, or more precisely, in the banking sector. At $ 102 billion, the purchase transaction is estimated by a consortium consisting of Royal Bank of Scotland, as well as Santander and Fortis, ABN Amro Holding Bank. The concern won the battle for the acquisition of the company of its competitor, Barclays Bank, by purchasing 86% of the shares. This takeover has become the largest in the history of the banking industry.

Pharmacology

The fifth-largest takeover occurred in 1999 in the medical industry - the well-known pharmaceutical giant Pfizer bought Warner-Lambert Co. for an industry record $ 91 billion. To complete the transaction, the company even had to pay 1.8 billion in compensation to American Home Products, which announced its intention to buy Warner-Lambert earlier.

Oil and Gas Industry

The sixth-largest acquisition was the merger of two well-known oil and gas giants - Exxon and Mobil. The amount of this grand deal was estimated by experts at 80.3 billion dollars. Legally, the merger took place through the acquisition of Exil by Mobil. At the same time, payment for the transaction was made in shares in the ratio of 1.2-1.4 Exxon securities per 1 share of Mobil. The capitalization of the newly created Exxon Mobil Corporation amounted to $ 272 billion at the time of the merger. It has become the owner of more than 40 refineries around the world.

Entertainment

There have been many high-profile mergers in the entertainment industry. One of them was the takeover of Fox's Disney media giant. The deal amounted to 71.3 billion dollars, however, for this money, Disney acquired the rights to well-known films of 21st Century Fox and several popular television series, including The Simpsons.