Impact of Merger and Acquisition on Indian Pharmaceutical Sector (A Case Study of Pfizer and Wyeth Ltd Merger) | Original Article
In present scenario, merger and acquisition are tool for restructuring the business sector or corporate because of huge level of losses are borne by the entity due to non-recovery of nonperforming assets, doubtful debts and loss debts, huge amount incurred on research and development in case of pharmaceutical industry, which is the highly active as well as organized sector in India. Corporate restructuring consists of merger, acquisition takeover etc. This paper focuses on financial performance of the merger in Indian pharmaceutical industry a case of Pfizer and Wyeth ltd is a sample. Ratio analysis t-test are also used by the researcher for analyzing the financial performance of selected merger and its impact.