Value Creation through Cross-Border Mergers and Acquisition - An Empirical Study on UK Acquirers of BRIC Targets
This paper analyzes corporate geographic diversification in an attempt to establish if crossborder deals involving UK acquirers on BRIC targets over the period 1997-01-01 to 2010-04- 15 are value-enhancing for acquirers and to identify the variables that influence the result. Our findings suggest that acquisitions of BRIC targets by UK based firms are on average, value enhancing at the 5% signific
