| dc.description.abstract | This study addressed International Mergers and Acquisitions (IM&A) as a competitive strategy
adapted by CfC Stanbic Bank Limited. International Mergers and Acquisitions (IM&A) are two
broad types of restructuring through which today’s managers seek economies of scale, enhanced
market visibility and other efficiencies. Mergers and Acquisitions (M&As) are mechanisms to
access critical resources, to increase firms’ power relative to other organizations, and to reduce
competitive uncertainty created by resource dependencies among firms.
The researcher used both Primary data collected with the aid of an interview guide and
Secondary data was collected through review of the contents of various relevant publications and
reports at the bank. The major findings of the study were based on the rational for Merger and
Acquisition by CfC Stanbic Bank Limited. These included; the merger was to provide CfC Bank
with an investor recognized as a banking group with a substantial presence in Africa and other
emerging markets, headquartered in Africa and which would have a major interest in securing
the future of the various businesses of new entity; large corporate and institutional deals would
be enabled through the improved technical support and the global market distribution capabilities
of Standard Bank Group.
In conclusion, Mergers and Acquisitions are considered as corporate events which help an
organization to create synergy and provide sustainable competitive advantage. This study was
mainly concerned with a merger and an acquisition originating in a mature African bank. In
contrast, it is clear that the biggest challenges of the future will come when acquiring firms come
from emerging markets and the acquisition in mature markets providing room for further study | en_US |
