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9 biggest corporate acquisitions of 2020 that happened while we weren’t looking (valued at $300B+)
Are acquisitions and mergers are one way road to monopoly? Should multibillion dollar corporations be allowed to purchase other billion dollar entities? Is there any correlation between mergers and the consumer’s freedom of choice, or lack thereof? This list details the top 9 acquisitions that happened in 2020.
(1) Unilever plc acquired Unilever NV.
Amount: $81B
Products and commodities: Axe/Lynx, Dove, Omo, Heartbrand ice creams, Hellmann’s, Knorr, Lipton, Lux, Magnum, Rexona/Degree, Sunsilk and Surf.
(2) Nvidia Corporation acquired Softbank Group.
Amount: $40B
Nvidia products and commodities: Graphics Processing unit for Xbox, PS3, Tesla, nForce, Ge-force and more.
Softbank products and commodities: Alibaba Group, Sprint Corporation, Softbank Corp. (ja), Softbank Vision Fund (ja), Arm Holdings, Fortress Investment Group, Boston Dynamics, T-Mobile US (24%), Alibaba (29.5%), Yahoo Japan (48.17%), Brightstar (87.1%), Uber (15%), Didi Chuxing (ca.20%), Ola (ca.30%), Renren (42.9%), InMobi (45%), Hike (25.8%), Snapdeal (ca.30%), Fanatics (ca.22%), Improbable Worlds (ca.50%), Paytm (ca.20%), OYO (42%), Ping An Insurance…