bouzidi, rabah university of mohamed seddik ben yahia - algeria faculty of economic sciences, commercial and management sciences, Jijel, Algeria

Cash bid premiums behavior across U.K industry and over time

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An important aspect of mergers and acquisitions is the size of bid premiums offered by acquiring to acquired companies. The statistical mean of cash bid premiums offered by U.K acquiring to acquired companies during the period of this study is 18 percent. Nonetheless, the premiums behaviour shows slightly different pictures across industries and over time. We employed the one-way Analysis of Variance (ANOVA) to compare some groups of bid premiums in mergers and acquisitions of U.K public companies. Findings indicate that there are significant differences between premiums across some industries and over time, which suggests that managers should consider these differences when making strategic decisions or when bidding for target companies.

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Cash , Bid , Premiums , Mergers , Acquisitions , Financial market , Sectors , Significance , Six , month , U.K.

Revue Africaine De Management

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