One of the most important inorganic means of achieving business growth is Merger and Acquisition. As business continues to globalize, there are huge opportunities to improve efficiency through this means. The corporate groups grow into massive, fairly inefficient conglomerates, and it should be possible to drive them towards focus through sell-offs or partnership. Other opportunities lie in consolidating smaller business units, or buying similar and congruent businesses elsewhere, thereby addressing the issue of excess capacity. An M&A transaction can truly change the markets perception of...