Merger is one of the best ways to make a company the most expensive business acquisition by 2000s in the world. For some businessmen, several ways are allowed to make their company larger. An acquisition means than when a company buys another business/company and ends up controlling it. Of course, they will be found in every countries in the world, no wonder. And for that, the company will have to give a transaction payment to the company they buy. Here are the most expensive business acquisition by 2000s.
10. InBev Inc. – Anheuser-Busch Companies, Inc: $52 billion
In July 2008, InBev Inc. agreed to buy Anheuser-Busch for a total value of $52 billion. Their transaction value was the 10th most expensive business acquisition by 2000s. Later the two companies then created a new company named Anheuser-Busch InBev. It was reported that Anheuser will get two seats on the combined board.
9. JPMorgan Chase & Co. – Bank One Corporation: $58.7 billion
In 2004, JPMorgan Chase merged with Chicago based Bank One Corp., bringing on board current chairman and CEO Jamie Dimon as president and COO. Their transaction value was the 9th most expensive business acquisition by 2000s. Bank One Corp then designated William B. Harrison, Jr. as a successor.
8. Pfizer Inc. – Pharmacia Corporation: $59.5 billion
In 2002, Pfizer merged with Pharmacia for a total value of $59.5 billion. The merger was again driven in part by the desire to acquire full rights to a product, this time Celebrex (celecoxib), the COX-2 selective inhibitor previously jointly marketed by Searle (acquired by Pharmacia) and Pfizer.
7. Nortel Networks Corporation: $59.9 billion
Nortel Networks Corporation, formerly known as Northern Telecom Limited and sometimes known simply as Nortel, was a multinational telecommunications equipment manufacturer headquartered in Mississauga, Ontario, Canada. This company is the 7th most expensive business acquisition by 200s by a total value of $59.9 billion.
6. Pfizer Inc. – Wyeth: $68 billion
In January 2009, after more than a year of talks between the two companies, Pfizer agreed to buy pharmaceuticals rival Wyeth for a combined $68 billion as its transaction value. This 6th most expensive business acquisition was also the most expensive shares and loans, including some $22.5 billion lent by five major Wall Street banks.
5. Comcast Corporation – AT&T Broadband: $72 billion
In 2001, Comcast announced it would acquire the assets of the largest cable television operator at the time, AT&T Broadband for $72 billion, the 5th most expensive business acquisition by 2000s. In 2002, Comcast acquired all assets of AT&T Broadband, thus making Comcast the largest cable television company in the United States with over 22 million subscribers.
4. AT&T Inc. – BellSouth Corporation: $72.6 billion
In December 2006, the Federal Communications Commission (FCC) approved the new AT&T’s offer with Bell Operating Company, BellSouth. The transaction value of this 4th most expensive business acquisition by 2000s was approximately $86 billion. The new combined company retained the name AT&T.
3. Royal Dutch Petroleum Company – “Shell” Transport & Trading Co.: $74.5 billion
The merger between Royal Dutch Petroleum Company and “Shell” Transport & Trading Co. is the 3rd most expensive business acquisition by 2000s. The transaction value between those companies was about $74.5 billion. It’s active in every area of the oil and gas industry.
2. Glaxo Wellcome Plc. – SmithKline Beecham Plc.: $75,9 billion
The merger between Glaxo Wellcome plc and SmithKline Beecham plc is the 2nd most expensive business acquisition by 2000s. The transaction value between the two companies was about $75.9 billion. The transaction happened in 2000.
1. Fusion: AOL Inc. (America Online) – Time Warner: $164.7 billion
In 2000, a new company called AOL Time Warner was created when AOL purchased Time Warner for $164 billion. The transaction value was considered as the most expensive business acquisition by 2000s. The Federal Trade Commission cleared the deal in December 14, 2000, and gave final approval in January 11, 2001; the company completed the most expensive acquisition later that day.