Mention anticipated benefits and challenges for business ventures involving Cross Border Mergers.

The trend of cross border mergers increased recently. Cross border mergers have opened up vistas of opportunities. It enables an Indian company to utilise sophisticated levels of technical know-how offered by the foreign collaborator whereas enables the latter to utilise the large market and resources of India. The benefits anticipated are: Expansion of markets Geographic and industrial diversification Technology transfer Avoiding entry barriers Industry consolidation Tax planning and benefits Foreign exchange earnings Accelerating growth Utilisation of material and labour at lower costs Increased customers base Competitive advantage. And Challenges are - the risks regarding Tax implications Regulatory Landscape and Political scenario is to be tackled with confidence. Technological difference Strategic issues Overpayment in the deal Failure to integrate HR challenges. Legal issues in different countries Accounting challenges