Acquisition Wave in the Fine Chemicals Industry (B): Rhodia-ChiRex Acquisition Case Solution
Abstract:
We intend to explain how supervisors' choices to make an acquisition and to figure out the acquisition rate are most likely to be affected by the merger activity in their industry and their rivals' actions. Owned by investor stress to concentrate their portfolios, top specialized and fine chemicals gamers such as Degussa, Clariant and Rhodia got in into significant fine chemicals acquisition in 2000 and paid too much. The reality that the other companies paid too much, in spite of openly offered signals from stock markets showing the overpayment, and the nature of the chemicals industry and administration, are clear signs for unreasonable herd habits.
This is just an excerpt. This case is about Strategy
published: 01 May 2006