Assignment No- 1

Strategic Management

Topics : Mission and vision goals of any 2 companies

4 latest merger and acquisitions

4 joint venture

Submitted to : Mrs. Shivangi Patra Submitted by : Sakshi singh

(Assistant professor) MBA – 2 Yr

GRD IMT
 Mission and vision of 2 companies

IBM Mission statement

“ to leads in the creation , development , and manufacture of the industry’s most

advanced information technologies , including computers system , software ,
networking systems , storage devices, and microelectronics . and our worldwide
network of IBM solutions and service professionals translate these advanced
technologies into value for our customers through our professional solutions ,
services and consulting businesses worldwide”.

IBM Vision statement

“ to be the world’s most successful and important information technology

company . successful in helping out customers apply technology to solve their
problems . successful in introducing this extraordinary technology to new customer
. important , because we will continue to be the basic resource of much of what is
invested in this industry.

Disney’s corporate Mission statement

“ using our portfolio of brands to differentiate our content , service and consumer
products we seek to develop the most creative , innovative and profitable
entertainment experience and related product in the world”

Disney’s corporate vision statement

“ to be one of the world’s leading producers and providers of entertainment and

information” .
 4 Merger and acquisition of companies

1: Zomato acquired Uber Eat’s

Zomato , the online food delivery and restaurant aggregator platform , on Tuesday
announced that it has acquired uber eat’s business in India in an all – stock deal
that will see the ride hailing company ‘s food delivery business being directed to
zomato starting today .

Zomato dad the deal gives uber a 9.99 % ownership in zoato . Uber Eat’s in India
will discounted operations and direct restaurant , delivery partners , and users of
the uber eats apps to the zomato platform , effective today . The move is aimed at
cutting losses at the ride hailing company ‘s food delivery business in India that
has been a drag on the company ‘s earning’s .

2 : Wipro completes acquisition of US- based ITI

IT major wipro said it has completed the acquisition of US – based international

Technegroup incorporated ( ITI ).

Wipro had announced in june that it will acquire ITI, which provides computer
aided design and product lifecycle management interoperability software service
for USD 45 million . In continuation with the announcement made on june 5 , “
the said acquisition has been completed on October 3, 2019 , “ wipro said in a
regulatory filing to BSE .

3 : Flipkart eBay merger

E- commerce major flipkart said it has completed the merger with eBay India’s
operations. With this eBay in will now be a flipkart group company . the deal was
announced . when the flipkart group raised $ 1.4 billion from global technology
majors eBay, tencent and Microsoft .

In exchange of an equity stake in flipkart, eBay had made a cash investment of $

500 milion and sold its eBay . in business to flipkart .
4: Acquisition of 21 st century fox by Disney

The acquisition of 21st century fox by Disney took place on march 20, 2019 .
among other key asset , the acquisition of 21 century fox by Disney included the
20 century fox film and television studies , U.S cable ? satellite channels such as
FX, fox networks group , a 73 % stake in national geographic partners , Indian
television broad caster star India , and a 30 % stake in hulu . immediately
preceding the acquisition , 21 century , fox television stations , fox news channel ,
fox business , FS1, FS 2, Fox deports, and the big ten network into the newly –
formed Fox corporation .
4 Joint venture of companies .

1 : Vistara

Vistara with a foreign company is the airlines, Vistara , a full – service carrier.

Vistarais is the brand name of TATA SIA Airlines Ltd , a JV between India
corporate giant Tata sons and Singapore Airlines (SIA) .

The ailrlines Vistara commenced operations on January 9, 2015, eith its maiden
flight between new delhi and Mumbai . by end of January 2018, vistrata operated
some 25 destinations in India .

It also holds the unique distinction of being the first airline to operates a domestic
flight out of terminal -2 from Mumbai’s chhatrapati shivaji international airport .

Tata sons holds 51 percent stake while SIA controls the remaining 49 percent in
the airlines. Vistara has carried some three million passengers since its lunch .

The two stakeholder are pumping in billions of US Dollars into vistara to expand
domestic operations , fray into international Markets and expand its fleet of narrow
– body and wide – body air craft .

2: Tata Global Beverages

Tata global beverages , a division of Tata sons has several JV in India that produce
Fast moving consumer Goods .

 NourishCo Beverages Ltd : With pespiCo of USA to produce Himalayan

brand of spring water tapped from sources in Himalaya range ,Tata Gluco
plus energy drink and Tata water plus , bottled drinking water fortified with
Zinc and copper .
 Tata Starbucks Pvt . ltd : with Starbucks corporation , USA which runs a
chain of Starbucks brand coffee shops across India .
3 : Mahindra & Mahindra and ford motor

Mahindra &Mahindra and ford motor company have signed an agreement to create
a Rs 1,925 crore joint venture with the Indian auto major having a 51 percent stake
in the new entity and the American auto giant owning the remaining 49 percent .

The agreement will see ford transferring its India operations to the JV , including ts
personnel and assembly plants in Chennai and sanand . however , the carmaker
will retain the ford engine plant operation in sanand as well as the global business
service unit , ford credit and ford smart mobility.

The JV will develop , market and distribute ford brand vehicles in India and sell
the vehicles of both the brands in the high growth emerging markets around the
world . the new entity is expected to be operational by mid – 2020 , subject to
regulatory approvals , and will be managed by Mahindra and its governance will
be equally composed of representatives of both carmakers .

4 : HDFC ERGO general insurance Co ltd

HDFC ERGO general insurance company Ltd. Is a joint venture between HDFC
Ltd, India’s leading housing finance company and ERGO international AG, the
primary insurance entity of Munich Re Group .

HDFC ERGO offers its customers , a wide range of general insurance products .
these include automobile / vehicle , health , travel , home and personal accident
covers for retail segment such as individuals and households. Additionally , HDFC
ERGO also has customized insurance products for covering property , marine and
liability for corporate clients.