The aquisition scenarios
I guess there are a few scenarios..
Western private equity - sum of the parts may be greater than the whole so restructure and sell, arguably improving the use of capital, maybe some job losses and a few good bonuses.
Western equity - synergies seen in combining the parts (50/50 the merger creates value) aims to deepen market share or control of the supply chain - consumers pay more, a few job losses with efficiencies of scale and a few good bonuses.
Chinese equity - buy the Intellectual Property and bring it in house, leverage cheap coal fired energy and an abundance of workers to undercut on the export market. Long term loss of competitive advantage for the West.
