Journal of International Economics and Management (Apr 2016)

The effect of partial merger & acquisition activities on target firm’s performance: a case study from banking and finance industry in Vietnam

  • Dinh Kien Cao,
  • Thai Phong Le,
  • Thi Kim Anh Tran,
  • Bao Tuan Nguyen

Journal volume & issue
no. 83
pp. 27 – 34

Abstract

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Using 25 M&A transactions in banking and finance industry during the period 2005-2013, we examine the impact of partial M&A deals on performance of target firms in banking and finance industry in Vietnam. We find that most of M&A transactions in banking and finance industry in Vietnam are partial transactions. Moreover, in term of performance, the partial M&A transactions have a significant negative impact on ROE, ROA, and EPS of the target firms.

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