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Since the introduction of the DRG system in 2004, the German hospital market experienced a stream of consolidations in terms of mergers and acquisitions, resulting in a decreasing number of hospital owners. In this study, I examine the ex-ante characteristics of hospitals prior to a merger or an...
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from the consolidation exercise and data from the Central Bank of Nigeria (CBN). The research denotes year 2003 to 2005 as … the pre-consolidation and 2006 to 2008 as post-consolidation periods for our analysis. Data used for the work were … concluded that consolidation exercise through mergers and acquisitions has not improved the profitability performances of banks …
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