business combination

A business combination refers to the merging or joining of two or more companies to operate as a single entity. This can happen through mergers, where companies agree to unite, or acquisitions, where one company purchases another. The goal is often to improve efficiency, expand market reach, or increase profitability. After a business combination, the new entity may leverage combined resources, capabilities, and assets to become more competitive in the market. These combinations are typically aimed at enhancing value for shareholders and achieving strategic business objectives.