JSW Steel's Ispat Acquisition(B): The Setback
Publication date: 31 March 2016
Abstract
The three cases (Case A: JSW Steel's Ispat Acquisition: The Opportunity; Case B: JSW Steel's Ispat Acqusition: The Setback & Case C: JSW Steel's Ispat Acquisition: The Turnaround Strategy) describe the business situation leading to acquisition of Ispat by JSW, the acquirer company's failure to realize synergies post-acquisition, and the subsequent turnaround initiatives to salvage the situation. The Case A provides the details of the potential synergies between the two firms. After an elaborate due diligence process, JSW acquired Ispat. However, the JSW team failed to realize synergies anticipated at the time of acquisition. This was a big setback for the company because Ispat was acquired based on certain assumptions on synergies between the two companies. Case B captures the setbacks after Ispat's acquisition, i.e., JSW's failure to realize anticipated synergies.
Keywords
Citation
Sharma, S., Mukherjee, S. and Gupta, P. (2016), "JSW Steel's Ispat Acquisition(B): The Setback", . https://doi.org/10.1108/CASE.IIMA.2020.000012
Publisher
:Indian Institute of Management Ahmedabad
Copyright © 2016 by the Indian Institute of Management, Ahmedabad