Indian Companies Still On Acquisition Spree: Their Favorite Target: U.S. Firms
By Knowledge@Wharton Editor’s Note: Indian companies have been buying U.S. firms for at least half a dozen years. This article was published on www.upenn.edu on December 13, 2006. Reliance Gateway Net, VSNL, Scandent and GHCL aren’t exactly household names in the U.S., but they may be signs of bigger things to come. These are only a few of the growing number of Indian businesses that have acquired U.S. firms in the past few years. And the U.S. merger-and-acquisition activity is just part of a bigger picture. Indian companies — usually quietly, but sometimes with media fanfare — have been...
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