Abstract
Business environment is increasingly changing pushing firms to adapt strategies that seek to enhance not only their competiveness but also sustainability. One such strategy is the M&A that is becoming a crucial tool for growing in both local and international markets. In that respect, this literature review sought to identify the reasons for M&A, their advantages as well as disadvantages. To achieve the objective, the review used past studies and researches on the subject seeking various authors’ views on the reasons, benefits and disadvantages. In the review, it has been identified that M&As have various benefits for all participating firms. ...
