Case A of this chain sets the scene for the greatest merger and acquisition (M&A) deal in the telecom sector in Brazil and Latin America. By associating the events up to the deal's conclusion, cases B to F follow on. The sequencing of this narrative forces them to take position on different questions at different times and creates a feeling of urgency for readers. In the following years, Vivo experienced double digit yearly growth, as it reaped the advantages of its own significant investments and booming consumer demand. According to Telefonica, this was a fair complete and final offer. How would PT's board regard the bid? On the other hand, it turned into a dreadful blow to the international aspirations of the PT Group.
Moreover, the sometimes conflicting views of the authorities and the public had the possibility to complicate matters further. This deal also had important international consequences. The case demonstrates how: a) corporate governance practices vary across nations, including surroundings where there are dual-class shares; and b) the function of corporate governance in ensuring that managers undertake actions that optimize shareholder value in addition to serving the needs and strategy of the company. The case also allows for an in-depth analysis of various strategic, organizational, financial and economic problems associated with growth strategies through JVs and M&As.
TELEFÓNICA'S BID FOR THE MOBILE MARKET IN BRAZIL (C) case study solution
PUBLICATION DATE: January 01, 2012 PRODUCT #: IMD659-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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