Made in Europe

BANKERS, MARicETS & INVESTORS - 1 JAN. 2010 7 w _^ A 'k ?n.r Tff" V: -.J v:^,^ ^ l^"^1^ -i^ /„'.^ "=v?= WHAT ARE THE REAL REASONS FOR MERGERS A N D ACQUISITIONS IN THE BANKING SECTOR? g S H ^ ^ A PASCAL GRANDIN* Professor Université Lille Nord de France, LSMRC DHAFER SAIDANE** Professor Université Lille Nord de France, LSMRC, EQUIPPE growing share of global merger and acquisition (M&A) activities now relates to thefinancialservices industry. Whether mergers involving

was established during the war in the shape of the 1944 Butler Act. A closer look will reveal that although this law did provide free education for all children, it also maintained the traditional hierarchy within the school system. The establishment of the welfare state after WW2 was perhaps the ultimate reward for the sacrifices made by the population during the war. Despite Winston Churchill’s immense popularity, the Labour Party won a landslide victory in 1945 showing perhaps that things

Prix en UE d’un ordinateur made in UE 1000 € 1000 € Prix aux USA d’un ordinateur made in UE 1000 $ 1200 € Taux de change € / $ 1€=1$ Dévaluation du $ / € : 1 € = 1,2 $ Prix aux USA d’un ordinateur made in USA 1000 $ 1000 $ Taux de change € / $ 1€=1$ Dévaluation du $ / € : 1 € = 1,2 $ Prix en UE d’un ordinateur made in USA 1000 € 833,33 € Les effets d’une dévaluation du $ Coût d’un ordinateur européen en Europe 1000 € Coût d’un ordinateur américain en Europe 1000 € Coût d’un ordinateur

et que les moutardes Fallot s'exportent à travers le monde (Europe, Etats-Unis, Canada, Asie) en particulier depuis les années 1980. Qui ne serait d'accord au moment où «produire français» devient très tendance et où la mondialisation comme l'Europe a si mauvaise presse? Comme par magie, selon le scénario élyséen, à niveau de protection sociale inchangée, le coût du travail baisserait et donc le prix hors taxe des produits made in France qui deviendraient du coup plus compétitifs. Pour

The City of Light Paris, the City of Light, has always been one of the most important and influential cities in the world. Located in the North-central part of France, in the region of Île de France, Paris is divided by the river Seine, forming two islands named île Saint-Louis and île de la Cité which are the oldest parts of the city. The city has continuously reconstructed itself throughout the centuries, changing according to its time. How were the major events such as colonialism, industrialization

to growing colonial cash crops, which were exported to Europe. European goods, in turn, were used to purchase African slaves, which were then brought on the sea lane west from Africa to the Americas, the so called middle passage. A classic example would be the trade of sugar (often in its liquid form, molasses) from the Caribbean to Europe or New England, where it was distilled into rum, some of which was then used to purchase new slaves in West Africa. Diagram illustrating the stowage of African

they were a lot of discoveries in science. The most famous inventions were discovered only by men. So when we talk about mathematics, we only think about Pythagore, Archimède, Euclide or others mathematicians. People know a lot of mathematicians but when you ask somebody if he knows famous women in mathematics, you have a few answers or no answers. In fact, there were important women in mathematics history but we don’t know them. Why these women are not very known? In order to answer to that question

ideas did Enlightenment thinkers have in common? In what ways did their views differ? What differing effects did Enlightenment ideas have across Europe? The Enlightenment movement of the 17th and 18th centuries was a period of great thought, ideas and questioning, which would precipitate later effects that reflected these enlightened concepts in government, the arts, religion, education, and the economy. Those that embodied the Enlightenment principles in their writings, the “philosophes”, as

materials p.11 j. Research and development k. Information systems improvement Bibliography p.13 Appendix p.14 Introduction Givaudan is a major player in a very competitive, fast moving, and particular market. First, the company evolves in a B to B market: it does not provide final products to final consumers and is still not well known by individuals. The aim of this situation is that some competitors can sometimes be clients of the company

Constitution of the USA (1789) Chapter 3: Federal government vs State government Chapter 4: The federal Congress and the president of the USA → voting in the USA Chapter 5: The judiciary in the USA from the federal Suprem Court down to the State local juridiction Chapter 6: The legal profession in the USA Chapter 7: Referendum and initiative in some american States → direct democracy Some useful websites www.whitehouse.gov www.supremuscourtus.gov www.whitehouse.net