We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Acquisition in the mining sector of Austrailia - Essay Example

Comments (0)
This reports aims to view and analyze growing mergers and acquisition deals from world. In the year 2011, the mining and metal sectors have successfully emerged as strong sector with growth trend after riding the high global economic uncertainty…
Download full paper
Acquisition in the mining sector of Austrailia
Read TextPreview

Extract of sample
Acquisition in the mining sector of Austrailia

Download file to see previous pages... To strengthen their financial position dominant players of this industry across world, and especially in Australia turned to mergers and acquisitions. Year 2011 witnessed global mergers and acquisition of $.162, 439 million with 43percent higher than previous year in terms of value (e Ernst & Young, 2012). In Australia alone, total value of M&A deals in mining and metal sectors in year 2011 was $.38, 594 million as compared to $.23, 469 million in the year 2010. Mergers and acquisitions in mining and metal sectors of Australia also witnessed large inbound and outbound deals. This report sheds lights on the aim and objective of these deals based on two case studies from Australian mining sector. Case studies used for the purpose are: Atlas Iron acquiring Giralia resources ($.805 million) and BHP Billiton acquiring HWE mining ($.732 million). Both deals been successfully completed in year 2011with both parties of two deals belonging to same continent. The two case studies witnessed overall aim of acquisitions by two firms to enhance their resource base, increased synergy in their operations and undertake low risk transactions. The capital agenda guiding these transactions was to preserve, optimize, raise and invest capital (e Ernst & Young, 2012). Atlas Iron acquiring Giralia resources was mainly driven by motif to increase it resource base. BHP Billiton acquiring HWE mining was aimed to improve synergy and efficiency in operation with undertaking contractor firm within BHP Billiton’s umbrella. Successful completion of deals benefitted both parties as well as their shareholders. In the end with reference to the academic literature both deals are discussed to extract level of alignment and support from literature. Table of Contents EXECUTIVE SUMMARY 1 ACQUISITION IN THE MINING SECTOR OF AUSTRAILIA 4 ATLAS IRON ACQUIRING GIRALIA RESOURCES 8 DEAL DETAILS 9 BHP BILLITON ACQUIRING HWE MINING 12 DEAL DETAILS 12 SUPPORT FROM LITERATURE 13 TRANSACTION ALLIGNMENT WITH LITERATURE 15 CONCLUSION 16 REFERENCES 17 INTRODUCTION Australia stands on the leading position on mega acquisitions table with Australian BHP Billiton acquiring Petrohawk Energy of US (Oil & gas sector) with $.11, 776 million in cross border acquisition (e Ernst & Young, 2012). Mining sector of Australia also remained active to enhance its capacity, strengthen operations and portfolio. With considerable activity of Australian companies in acquisitions in the year 2011, this report will explore various areas of these acquisitions. Two inbound acquisitions deals in Australia with Atlas Iron acquiring Giralia resources ($.805 million) and BHP Billiton acquiring HWE mining ($.732 million) in focus, following areas are explored and discussed in this report: Were both deals able to achieve success completion within defined time? Details of both details. Type and level of discrepancy arisen, if any. For instance resistance from management or shareholders etc. Overall aim of the acquisition Benefits to the acquirer and Benefits to the target firm (acquired firm). Level of support these deals can leverage from the academic literature. ACQUISITION IN THE MINING SECTOR OF AUSTRAILIA In the year 2011, the mining and metal sectors have successfully emerged as strong sector with growth trend after riding the high global economic uncertainty. Among other options to raise capital, mining sector provided an ideal environment for mergers and acquisitions specifically; however, while total deal value was up 43% on the prior year to $162.4bn, volumes were down 10% to 1,008 deals, highlighting the difficulty in evaluating, financing and executing deals (e Ernst & Young, 2012). (e Ernst & Young, 2012) (e Ernst & Young, ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
Data mining
Therefore it is scientific that a true data mining software application or technique must be able to change data presentation criterion and also discover the previously unknown relationships amongst the data types. Data mining tools allow for possible prediction of the future trends and behaviors, hence enabling for formation of proactive, knowledge-driven decisions.
12 Pages(3000 words)Essay
Development of Mongolia in Mining Sector
(Worden and Savada, n. pag.). However, Mongolian natural wealth, especially represented by its extensive mineral deposits, has attracted foreign capital and investments, and thus became the basis of an economic transformation, which marks the recent country’s development (CIA, n.
7 Pages(1750 words)Essay
Data mining
The major organizational element, in this case, is the customers. The predictive scores inform the business about the most probable action by the customer. The production of predictive scores occurs when the subject organization design a predictive model.
4 Pages(1000 words)Essay
Data mining
1). Depending on the exact nature of the tasks that organization performs, these could be anything. It is not possible to give specific advice, but there are four general principles
2 Pages(500 words)Essay
Data Mining
The first is Discovery, or the practice of examining data without a pre-determined hypothesis, in order to discover patterns in it. The discovery stage may occur by classification of data on the basis of clusters, association rules among sets of data, sequential
1 Pages(250 words)Essay
Data Mining
In discovery driven method, the data is scoured to identify patterns and hidden information. Future values of unknown variables are ‘guessed’ using the predictive modelling technique. However, the forensic method focuses on extracting unusual elements
1 Pages(250 words)Essay
Data mining
The heart of customer relationship management (CRM) and personalized marketing programs is data-mining. Spikes can understand the customer’s behavior and preferences by using CRM technologies such as database
8 Pages(2000 words)Essay
Data Mining
Examples of data mining software are oracle, Microsoft SQL Server 2012 and SAS. KXEN provide an automated data mining for high productivity model building. It focuses on expanding the use of data mining within analysts, making them more
1 Pages(250 words)Essay
The results of these actions and measures taken by firms are well outlined in the article but there are shortcomings of these measures to deal with internet
2 Pages(500 words)Essay
Data mining
Recently, it has been revealed that the government has also been using an advance form of data mining where they are able to get the complete information about any individual. This means that government has
5 Pages(1250 words)Essay
Let us find you another Essay on topic Acquisition in the mining sector of Austrailia for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us