Las fusiones y adquisiciones en México en el período reciente 1986-2005

Resumen

IN RECENT TIMES, IN MEXICO, IT HAS BECOME MORE AND MORE COMMON TO FIND INFORMATION ABOUT COMPANY ACQUISITIONS, MERGERS, ABSORPTIONS, TAKEOVERS AND PARTNERSHIPS. BUT IN SPITE OF THE INCREASING AMOUNT OF INFORMATION AVAILABLE, THERE ARE FEW STUDIES THAT ADDRESS THESE PROBLEMS DIRECTLY AND, ALTHOUGH THERE ARE AN ABUNDANT NUMBER OF WORKS ON COMPANIES AND GROUPS OF COMPANIES IN MEXICO, THE TOPIC OF MERGERS AND ACQUISITIONS IN MOST CASES CONTINUES TO BE TREATED PARENTHETICALLY, TANGENTIALLY. THIS WORK EXAMINES SOME OF THE MAIN CHARACTERISTICS OF MERGER AND ACQUISITION PROCESSES IN MEXICO FROM 1988 UNTIL 2005 THAT HAVE ACCOMPANIED THE COURSE OF RESTRUCTURING COMPANIES AND CORPORATE GROUPS WHERE ACQUISITIONS AND MERGERS IN MEXICO, AS IN THE INTERNATIONAL SPHERE, SHOW A MARKEDLY CYCLICAL NATURE AND CONCENTRATE ON CERTAIN SECTORS. IN ADDITION, BECAUSE OF THIS MECHANISM, THE TYPE OF EXPANSION THAT HAS PREDOMINATED IN MEXICAN ECONOMY HAS BEEN HORIZONTAL. FINALLY, THERE IS A VERY BRIEF ANALYSIS OF THE INTERNATIONALIZATION PROCESS OF MEXICAN COMPANIES, INVOLVING THE ACQUISITION OF COMPANIES ABROAD, WHICH HAS INVOLVED THE FORMATION OF A TRANSNATIONAL MEXICAN SECTOR THAT IS ESTABLISHING A MAJOR PART OF ITS OPERATIONS OUTSIDE OF THE COUNTRY.