Acqusition
This query is : Resolved
13 April 2009
When a 'X'company is under loss/bankruptcy Why a 'Y' company which is doing well will acquire 'X'. What are the benefits for 'Y'. What is 'X''s position in the company.
15 April 2009
Subhashri
The main benefits to "Y" are:
1. Benefit of carry forward of losses under sec 72 of income tax Act 1961.
2. Utilisation of unused capacities
3. Economies of scale
At the same time "x" can take the shelter of "Y" to revive if it continues to exist.
Vivek
The main benefits to "Y" are:
1. Benefit of carry forward of losses under sec 72 of income tax Act 1961.
2. Utilisation of unused capacities
3. Economies of scale
At the same time "x" can take the shelter of "Y" to revive if it continues to exist.
Vivek
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