THE REVENUE GROWTH PERFORMANCE OF GLOBAL M&A TRANSACTIONS. A BENCHMARKING STUDY BY MARKET & SECTOR

Abstract

This paper evaluates the impact of the global M&A transactions on revenue growth performance by employing a paired samples t-test methodology. Using the paired samples t-test this paper provides an answer on the importance of M&A deals in terms of topline revenue growth by sector and geographical regions. Although most of the articles in the literature have studied the associated of M&A with stock returns and cost synergies, very few have been focused on capturing revenue synergies that can be crucially important for growth companies or startups that aim to rapidly increase their market share.