RTL's planned takeover of Talpa is not going ahead. Although this deal was blocked by the Consumer and Market Authority, history has seen many major acquisitions and mergers of companies. Which ones are these? MASTERS lists some of them.
In 1999, Vodafone's British telecommunications company "Vodafone Air Touch PLC" wanted to buy Germany's Mannesmann AG and made two offers. Initially, the German company was not interested. But three times is a charm... In the year 2000, the German company agreed. Vodafone paid - converted to today's exchange rate - €188 billion for the takeover. With this amount, this takeover goes into the books as the biggest of all time....Â
Bigger does not always mean better... The merger of Internet provider AOL and media conglomerate Time Warner in the year 2000 is a good example. AOL announced in 2000 that it would buy Time Warner for €168 billion. After the dotcom bubble burst, however, the company fell apart again. A year after the merger, a loss of $99 billion was recorded. Moreover, the share price of both companies plummeted 90% by the end of December 2002.
Vodafone and Verizon founded Verizon Wireless in the year 2000. American telecom group Verizon Communications paid - converted to today's exchange rate - about €120 billion to its British industry peer Vodafone to acquire its 45 percent stake in Verizon Wireless. The acquisition was paid for in cash, shares and bonds.
Around the year 2000, Pfizer also decided it was time to scale up.... In 1999, the company acquired Warner Lambert for about €82 billion. Pfizer, was the producer of Viagra but the acquisition allowed it to expand its production line to include other drugs.Â
In 2016, Dell paid as much as € 62 billion euros to acquire storage giant EMC. The increase in scale allowed Dell to increase its pace of investment and compete with companies like HP Inc. Whereas Dell was particularly big in the small- and medium-sized business market, EMC dominated the large business market.
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