2025, Vol. 6, Issue 2, Part A

This study evaluates the effectiveness of exit strategies in Indian mergers and acquisitions (M&A) by examining two prominent cases: Tata Steel's acquisition of Bhushan Steel and Vodafone acquisition of Flipkart. The research investigates the impact of organizational, market, strategic, technological, and regulatory factors on exit strategy implementation and subsequent financial performance.

Data was collected from 200 employees at both acquired firms, utilizing a survey methodology to assess these factors. Correlation analysis revealed significant relationships between exit strategy factors and financial performance. Additionally, a comparative analysis of pre- and post-merger financial ratios (profitability, liquidity, and activity) demonstrated positive outcomes for both Tata Steel and Vodafone.