Top Ten Biggest Business Acquisitions

Many people believe that millionaires and Billionaires spend the most money, but this couldn’t be farther from the truth. Nothing compares to the checks that business’ cash to buy one another. Below are the top ten biggest business acquisitions ever recorded.

10: JPMorgan and Chase & Co. acquired Bank One – $58.7 Billion

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To start this list off we start with JPMorgan and Chase who in 2004 went shopping for banks to buy and walked out buying Bank One for a mind numbing $58.7 Billion dollars. This is still one of the largest banking mergers ever for it wasn’t just two banks merging but multiple because each bank was made up of many other, you can imagine that the deal was just a little complicated. This merger is what brought forth current chairmen and CEO Jamie Dimon.

9: AT&T acquired BellSouth – $86 Billion

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AT&T I am sure you have all heard of it, in fact it is the carrier that I personally use. So technically I helped AT&T write a 86 Billion Dollar check to Bell South. AT&T is also the 23rd largest company in the world so my contribution was dismal. But anyway back to that $86 Billion check. On May 5, 2006 AT&T acquired BellSouth, a Georgia based telecommunications company. AT&T still kept the same name unlike many big mergers.

8: Royal Bank of Scotland, Fortis and Banco Santander acquired ABN Holding – $80 Billion

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Coming in at number eight not surprisingly has to do with banks. In 2007 the RFS which consists of The Royal Bank of Scotland, Fortis, an Banco Santander. Acquired the Bank ABN AMRO, for $80 Billion dollars. The ABN AMRO bank has been around for a very long time and has gone through countless mergers and acquisitions with billions of dollars thrown here and there, very interesting to learn about in a daunting way.

7: Exxon Acquired Mobil – $82 Billion

Now moving on to number 7 of the Top Ten Business acuisitions we move to one that you probably helped pay for, that’s right you helped pay for this when you stoped at an Exxon station and payed for your gas. One of the largest gas mergers occurred when Exxon merged with Mobil for $82 billion dollars. Now the company is called exxon Mobile and it is the largest direct descent from John D. Rockefeller’s Standard Oil Company.

6: Pfizer acquired Warner Lambert – $90 Billion

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Coming in at number six spot, pharmaceutical companies take the spot, and it is no secret that pharmaceutical companies have a lot of money. Pfizer, a pharmecutical company headquartered in New York City, takes the number six spot by acquiring Warner Lambert for $90 Billion dollars. Pfizer has had numerous expensive mergers and acquisitions.

5: Heinz acquired/merged with Kraft for $100 Billion

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Number five is a bit tastier, we head on down to the largest food merger ever recorded. We start with Heinz, yes the ketchup that you have in your fridge. On March 25, 2015 Kraft, the food processing conglomerate, merged with Heinz resulting in a $100-Billion-dollar Merge!  The merger was watched over carefully by Morgan Stanley. Now the Kraft Heinz Food Company is the fifth largest food company in the world.

4: Anheusser-Busch InBev Acquired SAB Miller – $107 Billion

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Coming in at number four on our list and one of the more recent of all big acquistions, occurring in 2015, Anheusser-Busch InBev acquired SAB Miller. Anheusser-Busch InBev is a Belgian Brazilian brewing company, it is the world’s largest brewer and holds 25% of the market. A large part of its size has to do with its acquisition of long time competitor SAB Miller, for $107 Billion dollars.

3: Verizon Communications acquires Vodaphone – $130 Billion

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Coming in at number three on our list is Verizon’s merger with Vodaphone estimated around $130 billion dollars. In the deal Vodafone acquired 45% of the company. Through this merger Verizon Wireless was formed. Verizon Wireless after the merger then had 23 million users. After the merger Verizon wireless was now big enough to offer competitive national coverage. And just a heads up remember the name Vodafone it may pop up latter on this list, hint hint…

2: America Online Acquires Time Warner – $165 Billion

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America Online now known as AOL is global mass media company that invests in many different websites I am sure you have heard of such as The Huffington Post, Tech Crunch and engagement, it also provided dial up services. At the height of its popularity in 2000 it purchased Time Warner for a crazy price, $165 Billion dollars. The company was now called AOL Time Warner. But soon Dial up services were not needed and Time Warner broke away and is now doing very well independently. This merger is seen by many as a fail.

1:  Vodafone Airtouch acquires Mannesmann – $185.1 Billion

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Coming in at number one is Vodafones acquisition of Mannesmann, I told you you would here the name Vodafone again. Vodafone is a British multinational telecommunications company with its Headquarters based in London. In 1999 it completed a takeover of Mannesmann by acquiring them for a whopping $185.1 Billion dollars. This is still to date the largest business acquisition ever recorded. Mannesmann provided seamless steel tubes and cables for telecommunications and internet companies, and I guess Vodafone really liked their work. Vodafone is still alive and well, it is ranked fifth by revenue compared to all telecommunications networks.

 

Handshake image: Handshake duisenberg school of finance

 

About Calvin Raab (21 Articles)
Hello, My name is Calvin Raab. I am the CEO and Founder of Raab Journal. I am 17 years old and I love learning more about the the world of business. Any questions or concerns please contact me at calvin@raabjournal.com Thank you and enjoy!

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