In today’s competitive business scenario, companies keep on devising new strategies to successfully achieve their goals. To survive in this ever changing world of business, growth and expansion seems to be the only solution for most of the companies and M&A is one of the most acceptable ways to achieve that. Companies go for M&A programme for number of reasons. The major reason as stated earlier is growth and expansion. The importance created by the combination of companies may effect from more better management, improved production techniques, economies of scale, complementary resources combination, the redeployment of assets, market control exploitation or any number of value creating mechanisms that fall under the general rubric of corporate synergy.” The force to succeed in a high competitive market is, thereof, most of the leading international companies to employ M&C for achieving competitive gain as M&A provide them opportunities to enhance their core competencies, gain technological advantages and increase market share through combination of resources. The main reason for companies to go for mergers is to increase shareholders value. There has been a lot of debate on the value creating nature of mergers and acquisitions.

KEYWORDS: Mergers & Acquisitions, Banking Sector, Corporate Synergy, International Companies.