Nokia. The brand name that was forged in Finland and outlived every other, so much so that it is now revered as a cultural phenomenon in the form of countless memes. The popularity is so widespread that even if you weren’t lucky enough to use its phones, you must be well acquainted with the classic ‘unbreakable’ Nokia phone.
The story today concerns a six-month battle tracing back to 2006, when the creation of the steel group, Arcelor Mittal took place, by far the largest steel company in the world, combining as it did the two largest companies - Arcelor Steel and Mittal Steel.
Remember when we only heard about Walmart in Hollywood movies? Well that changed with it acquired India's largest e-commerce platform, Flipkart and what ensued is nothing short of a delight. Go ahead and know more about the most significant acquisition of 2018.
Back in 2018, the British-Dutch Company, HUL announced its merger with the Indian nutrition business of GlaxoSmithKline and was anticipated to support the FMCG company's position in the Indian market in a significant manner.