One of the most extreme events in corporate governance is the occurrence of hostile takeovers. Such acquisitions, in comparison to the friendly M&A process where both parties agree, occur when the taking over company attempts to take control of the target company without the agreement of the target’s management. Within the last few decades, historians outline several astonishing and famous examples of hostile takeovers each bearing a peculiar generation of obstacles and results as well as conclusions for the next corporative worlds. In the next section, we learned about the most lurid hostile takeover example that took place worldwide and the aftermaths they brought.
1. Kraft’s Takeover Of Cadbury (2009)
It was only in 2009 that Kraft Foods made a hostile attempt to gain control of British Company Cadbury, the delicacies producer, known worldwide. Cadbury management and the public in the UK were unconquered by Kraft’s offer till then but after increasing the bid, Kraft managed to win. The worth of the proposal was $19 billion. This venture was argued over the fears of job reductions and loss of Cadbury’s identity. However, it ironed out completing Kraft’s buyout of the confectionery giants.
2. Oracle And Their Attachment Of PeopleSoft (2003-2005)
Over the past two years, PeopleSoft has faced the most aggressive takeover bid in the history of the tech space. Beginning in mid-2003.oracle launched a fierce bid for PeopleSoft even the Board of Directors of PeopleSoft resisted. It was on January 12, 2005 that Oracle dropped the law suit and agreed to the tender off itself as well as to the PeopleSoft shareholders Who were entitled to receive the purchase price of USD 63. People Soft was consequently absorbed by Oracle and complemented their enterprise software with costs of $ 10.3 billion and where without hire purchase.
3. InBev Conducting Takeover Awesome Anheuser-Busch 2008
In 2008, the Belgian beer bracing institution… launched its attack on the… beer brewer. Under this cover, with $52 billion as a factual offer, the acquisition was completed despite all attempts of Anheuser Busch’s core management and other shareholders who were concerned with any american color of controll of a non-american institution. Mcb breweries Inc was later combined to form the largest beer firm in the world, Anheuser-Busch InBev
4. Sanofi- Aventis and Genzyme 2010-2011
In the same year and in December of 2010 Sanofi Pharmaceuticals obtained this last year American biotechnology through hostile takeover maneuver against the biotech Genzyme by a french Sanofi aiming to acquire it. Waiting months just for management of Genzyme normal Fighting off much more than Sanofi’s original than Ms sanofi’s restructuring would aspire Ms.In fact in 2011; her $20.1 B bid was accepted by Genzyme. It enhanced the area of Sanofi warm up with the biotechnological field.
5. Air Products & Chemicals v. Airgas (2010)
In 2010, Air Products came out with a hostile bid for the company Airgas with an offer of $5.9 billion dollars. After many offers and court disputes, the company managed to avoid the hostile takeover with the help of a poison pill strategy. The significance of this case should be recognized as one of the few cases highlighting the usefulness of defensive measures when confronted with hostile bids.
6. AOL Takeover of Time Warner (2000)
As much as it does not fit the definition of a hostile takeover, AOL incorporation of Time Warner makes it to the list of the more controversial deals in corporate ears. What started off with a good expectation now commenting the $182 billion merger fueled by the dot.com mania changed for the worst due to bad cultural fit and poorly timed economic events resulting to both companies being in huge trouble.
7. Vodafone over Mannesmann Takeover (1999)
The rival fast facts about vodka One of the main directors of the company refuses to consider Vodafone’s hostile bid for Mannesmann, one of the telecommunications companies in Germany serves as one of the biggest hostile takeover on European soil. After a long and bitter tussle that entailed public lubs and litigation, vodafone triumphed with tight dollar 180 billion deal deals making a landmark shift in the telecommunications sector.
8. ICAN ENTERPRISES AND CLOROX CLOROX (2011)
Carl Icahn, an activist shareholder, rallied out a hostile proposal to takeover Clorox for a sum of 10.2 billion dollars in 2011. Clorox’s board of directors still managed to reject Icahn’s amenities and ultimately Icahn had to drop his order. The external aggressor has become one of the more important investors in the context of hostile takeovers.