The idea of infinity is present in everyday life in various ways, such as by looking at the horizon, at the sky, in reflections about the past or existence. In the planning of life, people hardly have the sense of finitude, although we are conscious that life will not last forever.
The history of mergers and acquisitions is probably as long as commerce itself, and it is difficult to determine a date for the first case of a merger or acquisition between companies in history. However, we can identify a few “waves” of mergers and acquisitions that have occurred since the late nineteenth century.
The purpose of a Valuation is to estimate the fair value of a company or project and there are different approaches to achieve this. The main valuation models are discounted cash flow – DCF, which determines the value of the company by the sum of the present value …
The Brazilian market for mergers and acquisitions is approximately 1/5 of the North American market and 1/6 of the European market in terms of number of transactions, reflecting the resumption of growth and good prospects for the segment.
Prospects of mergers and acquisitions in the beverage segment in Brazil are restricted to the distillates segment, due to high concentration of breweries and notable conflict of interest between producers and distributors of wines.
In recent decades it is noticed a change in business focus from tangible assets to intangible ones, being intellectual capital the most important in creating sustainable competitive advantages
Strong growth and high market concentration in few companies proportionate to the competitors opportunities in diferentiation and niche strategies, as well contribute to the consolidation of the sector by Mergis and Acquisition activities (M&A).
