Ayadi, Rym; Pujals, Georges - 2005
This paper aims at providing a complete picture of banking mergers and acquisitions (M&As) in Europe during the 1990s …, including domestic and cross-border mergers and acquisitions, the impact on profitability is insignificant, but a clear trend to …). We find that domestic mergers contribute to cut costs for both partners, whereas, for the majority of cases studies …