Year after year giant companies get together to make corporate deals that determine the future of who will survive in the industry and who will go bankrupt. These multibillion dollar deals mark the future of which employees get to live which is doomed; who was the most successful etc. especially the year 2010 was full of many such corporate deals. The year began with the billionaire Ananda Krishnan, who managed to get through with three of its companies going private from the market. More than that, this billionaire acquired Astro All Asia Networks plc, Measat Global Bhd and Tanjong plc, through an amazing corporate deal that gave him a jaw dropper amount of RM18.8 billion.
On the other hand we are hearing about remarkable corporate deals due to which the European market was successfully lifted from its crisis. Even though the economic data in the previous years has remained pretty disappointing which caused a retreat all over the world in the equity market, a pickup has been witnessed in the number of and overall value of all the acquisitions and mergers which have taken place. These acquisitions and mergers have helped the economy a lot in limiting the amount of loss. The most prominent and important bid that was held in the previous year 2010 was that of BHP Billiton for the Canadian company that produces fertilizers named Potash Corp for 38.5 billion US dollars. The market usually goes through a quiet period, especially in U.S and Europe where the trading volumes rarely pick up until after Labor Day. These huge deals carried out by giant companies are what define the future of the economies of countries.