ISSN: 1998 - 4162
JISR MSSE Journal Contents
Volume 6, Number 2, July 2008
Employees' Perspectives of M&A: A Case Study of Bayer Schering Pharma
Sohail Raza - Helium (Pvt) Ltd, Karachi, Pakistan
Azra Maqsood - SZABIST, Karachi, Pakistan
Abstract
Merger and Acquisition (M&A) activities continue to rise, despite evidence that the majority of M&A fail to meet the financial and synergistic expectations of shareholders or employees. Special emphasis is usually put on the strategic and financial goals of the transaction. The case of Bayer Schering Pharma is representative of the same prevailing norms -- -to develop synergy and annual savings of EUR 700 million in pharmaceutical business. But for Bayer Schering Pharma, this success came at a cost of more than 6,000 layoffs...
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DISCLAIMER: All views expressed in the journal are those of the authors and not necessarily reflect the policies or preferences of JISR-MSSE or SZABIST.