Alongside a currency plunge and softening economic growth, cross-border M&A was a source of ignominy for India in 2013. Apollo Tyres attempted to buy the larger, US-based Cooper Tire & Rubber for $2.5bn in cash. Apollo’s shareholders immediately panned the deal, given the debt required. To the relief of those shareholders, labour difficulties at Cooper will probably prohibit it anyway.
2013年印度不僅經歷了匯率下跌以及經濟成長疲軟,跨境併購也是一大恥辱來源。印度阿波羅輪胎公司(Apollo Tyres)試圖收購總部位於美國、規模更大的固鉑輪胎橡膠公司(Cooper Tire & Rubber),出價爲25億美元現金。阿波羅的股東很快批評了這項交易,因爲由此導致的債務負擔過重。讓這些股東鬆一口氣的是,固鉑的勞資困境很可能導致交易無法達成。
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