Особенности стратегий слияния и поглощения на внутреннем и внещнем энергетических рынках: на примере Rosneft-China Company Limited и British Petroleum-BHP Billiton

Economy recession, sanctions and lower prices for hydrocarbons inevitably caused a decrease in the M&A amount in one of the key emerging markets – Russian Federation. However, the oil and gas sector continue to be the leader in the amount of transactions despite the strong decline in oil prices. Megadeals in this case reflect fundamental changes in the whole industry. Current trends in the global M&A market and existing gap in the study of the effectiveness of transactions in both developed and emerging markets in a single industry and single time interval determines the following purpose and hypotheses of present research: The aim of the present study is identification of synergies and global risks in M&A deals in Russian and developed energy sectors. Achieving the goal stated above involves the following tasks: 1. Review the global concept of M&A and describe the difference in its perception in Russian and foreign developed markets 2. Examine most used evaluation methods of major risks and synergies in M&A operations 3. Analyze the key trends and forecasts in Russian and global M&A energy markets 4. Study two recent megadeals in oil and gas sector 5. Detect key deal incentives and subsequent problems companies faced 6. Analyze the post-deals feasibility and possible synergies