Put every infinity pool you’ve ever seen to shame with these natural, snow-white hot springs overlooking the nearby city of Denizli. On top of the picturesque soak, Pamukkale is also home to the impressively preserved ruins of the ancient Roman spa-city Hierapolis where you can bathe like an emperor among the submerged centuries-old columns.
Put every infinity pool you’ve ever seen to shame with these natural, snow-white hot springs overlooking the nearby city of Denizli. On top of the picturesque soak, Pamukkale is also home to the impressively preserved ruins of the ancient Roman spa-city Hierapolis where you can bathe like an emperor among the submerged centuries-old columns.
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?
