Explanation: This statement is inaccurate. While market share expansion can be a consequence, the core objective of a transformational acquisition is to establish a new business model or enhance customer offerings through distinct expertise and novel solutions, rather than solely focusing on market share consolidation, which is more characteristic of standard acquisitions.

Explanation: This statement is correct. Transformational acquisitions are a distinct category within the broader landscape of M&A activities, characterized by their strategic focus on fundamental business model changes or significant value creation beyond mere consolidation.

Explanation: This statement accurately delineates a key difference. Standard acquisitions frequently target economies of scale or market share expansion. In contrast, transformational acquisitions are strategically designed to create a new business model or fundamentally enhance customer offerings through unique capabilities and innovative solutions.

Explanation: The core objective, as articulated in the text, is to jointly establish a new business model or significantly enhance customer offerings by leveraging distinct expertise and novel solutions. This goes beyond mere consolidation or market share expansion.

Explanation: The primary difference lies in their strategic intent: standard acquisitions often target market share or economies of scale, whereas transformational acquisitions are designed to establish a new business model or significantly enhance customer offerings through unique capabilities and novel solutions, thereby transcending simple consolidation.

Explanation: This statement accurately reflects the core tenets of transformational acquisitions. Their strategic intent is to create enhanced value by integrating unique capabilities, such as specialized knowledge or innovative technologies, and novel solutions, thereby fostering a new business model or significantly improving customer offerings.

Explanation: This statement is incorrect. Establishing a 'new business model' through a transformational acquisition fundamentally implies a departure from previous operational paradigms. It involves integrating new technologies, entering new markets, or offering distinct products and services, thereby fundamentally altering how the combined entity operates and creates value, moving beyond mere consolidation.

Explanation: This statement is accurate. A key benefit of transformational acquisitions is their capacity to enrich customer offerings by incorporating specialized knowledge, unique skills, or novel solutions from the acquired entity, thereby expanding the range and quality of products or services available to customers.

Explanation: This statement is false. The integration of different production technologies is often a critical component of transformational acquisitions, enabling the combined entity to achieve greater operational efficiencies, develop novel product lines, or enhance the quality and capabilities of existing offerings.

Explanation: This statement is inaccurate. 'New capacity' in a transformational acquisition encompasses a broader range of enhancements, including access to larger manufacturing plants, augmented resources, and expanded operational capabilities, which collectively enable the firm to address increased demand or undertake more ambitious projects.

Explanation: A key characteristic is the fundamental shift in operations, which may involve integrating novel technologies, expanding into new markets, or offering distinct products and services, thereby creating a departure from the pre-acquisition operational structure.

Explanation: Gaining access to larger manufacturing facilities or increased resources falls under the aspect of acquiring 'new capacity'.

Explanation: Transformational acquisitions can benefit customers by introducing new solutions or specialized expertise that were not previously accessible, thereby enhancing the overall value proposition.

Explanation: 'Distinct expertise' refers to the unique knowledge, specialized skills, or technical capabilities possessed by the acquired company, which are integrated to enhance the acquiring entity's operational effectiveness or value proposition.

Explanation: 'New solutions' refers to innovative products, services, or methodologies that are introduced or enhanced as a result of the acquisition, thereby augmenting the value proposition offered to customers.

Explanation: This assertion is incorrect. While mergers and acquisitions have a long history, the specific term 'transformational acquisition,' with its emphasis on creating new business models and enhancing customer value through unique capabilities, has gained prominence and wider adoption primarily in more recent years.

Explanation: This statement is accurate. While M&A activities have a long history, the specific definition and focus on 'transformational acquisitions'—highlighting the establishment of new business models and enhanced customer value—have gained significant traction and widespread usage primarily in recent years.

Explanation: This statement is false. A 'successor company' is the entity that persists or emerges after a merger or acquisition, typically absorbing the assets and liabilities of the acquired party. It is not the acquired entity itself.

Explanation: This statement is accurate. Effective merger integration is paramount after a transformational acquisition, as it involves the complex process of combining operations, systems, and organizational cultures to successfully achieve the strategic objectives, such as the implementation of a new business model.

Explanation: The term 'transformational acquisition,' particularly with its current definition emphasizing new business models and enhanced customer value, has gained prominence primarily in recent years.

Explanation: A takeover is considered a related concept, as it involves the acquisition of one company by another and may, in certain instances, be undertaken with the strategic intent of transformation.

Explanation: This statement is accurate. The acquisition of Mannesmann by Vodafone Airtouch PLC in 1999 was a landmark deal, valued at approximately 220 billion US dollars, underscoring its transformational nature.

Explanation: This statement is false. The 1996 transformational acquisition orchestrated by Novartis involved the simultaneous acquisition of two distinct entities: Ciba-Geigy and Sandoz.

Explanation: This statement is accurate. MMG completed its transformational acquisition of the Las Bambas copper mine in 2014.

Explanation: This statement is false. The acquisition of IDIS Pharma by Clinigen Group in 2015 was valued at 225 million pounds, not Euros.

Explanation: This statement is false. The transaction value for the acquisition of Evonik Litarion by Electrovaya in 2015 was not published.

Explanation: This statement is false. The acquisition of Mannesmann by Vodafone Airtouch PLC in 1999 was valued at approximately 220 billion US dollars, not Euros, and represented one of the largest transactions of its time.

Explanation: This statement is incorrect. While Novartis did acquire Ciba-Geigy and Sandoz in 1996, the transaction value was 30 billion US dollars, not pounds.

Explanation: This statement is accurate. MMG completed its transformational acquisition of the Las Bambas copper mine in 2014.

Explanation: This statement is false. The acquisition of IDIS Pharma by Clinigen Group in 2015 was valued at 225 million pounds, not Euros.

Explanation: This statement is accurate. Electrovaya's 2015 acquisition of Evonik Litarion included the licensing of SEPARION™ Intellectual Property, which pertains to a unique ceramic composite separator technology.

Explanation: This statement is false. The transaction value for the acquisition of Evonik Litarion by Electrovaya in 2015 was not published.

Explanation: This statement is accurate. Novartis completed a significant transformational acquisition in 1996, integrating two major entities: Ciba-Geigy and Sandoz.

Explanation: This statement is accurate. The acquisition of Mannesmann by Vodafone Airtouch PLC in 1999, valued at 220 billion US dollars, represents the largest transaction presented in the dataset.

Explanation: This statement is accurate. The acquisition of IDIS Pharma by Clinigen Group in 2015, valued at 225 million pounds, represents the smallest transaction value among the examples provided.

Explanation: In 1996, Novartis executed a transformational acquisition that involved the simultaneous acquisition of both Ciba-Geigy and Sandoz.

Explanation: The acquisition of Mannesmann by Vodafone Airtouch PLC in 1999 was valued at approximately 220 billion US dollars.

Explanation: MMG's transformational acquisition in 2014 involved the purchase of the Las Bambas copper mine.

Explanation: The Clinigen Group acquired IDIS Pharma in 2015 for 225 million pounds.

Explanation: A notable detail regarding the acquisition of Evonik Litarion by Electrovaya in 2015 is that its transaction value was not published.

Explanation: Clinigen Group acquired IDIS Pharma in 2015 through a transformational acquisition.

Explanation: The acquisition of Ciba-Geigy and Sandoz by Novartis in 1996 was valued at 30 billion US dollars.

Explanation: MMG acquired the Las Bambas copper mine in 2014.

Explanation: The intellectual property licensed during Electrovaya's 2015 acquisition of Evonik Litarion was related to SEPARION™, described as a unique ceramic composite separator technology.

Explanation: MMG's 2014 acquisition of Las Bambas is associated with the mining industry, specifically copper mining.

Explanation: This statement is accurate. McKinsey & Company published relevant insights on the topic of acquisitions, including transformational ones, in 2010, contributing to the discourse on successful M&A strategies.

Explanation: This statement is accurate. A GlobalNewswire press release from April 2015 reported on Electrovaya's completion of the transformational acquisition of Evonik Litarion GmbH, including the licensing of associated intellectual property.

Explanation: This statement is accurate. CNN covered the significant development on February 3, 2000, reporting that Mannesmann had agreed to accept Vodafone's bid.

Explanation: This statement is accurate. A Bloomberg video from July 2014 specifically featured the 'Las Bambas Transformational Acquisition,' referring to the transaction involving MMG.

Explanation: This statement is accurate. Insider Media's reporting in April 2015 confirmed the completion of a 'transformational' acquisition by Clinigen Group.

Explanation: CNN reported on February 3, 2000, that Mannesmann had agreed to accept Vodafone's acquisition bid.

Explanation: The publication valueandopportunity.com featured an article in July 2012 discussing 'Red flags for investments: "Transformational" acquisitions,' highlighting potential risks.

Explanation: The blog post on beyondthedeal.net from November 2012 concentrated on the practicalities of 'Carrying out a successful Transformational Acquisition and Integration.'