In the 21st century, global logistics companies have launched a huge wave of mergers and acquisitions (M&A), including many international logistics giants launching crazy M&A to adapt to the expansion strategy of globalization. The cross-border logistics market is an extremely attractive cake in the logistics market, but the express delivery business in many low tier cities in many countries has long been dominated by many local enterprises, and its market has not been fully developed and does not meet international standards. The world has experienced five waves of M&A, and now this trend is affecting the development of DHL and has a significant impact on the evolution of the logistics industry. This article introduces the background of the topic selection, research objectives and significance, as well as the examination of whether M&A are necessary. This article uses the ARIMA-GARCH model to predict DHL's future stock price, and confirms the relationship and impact between its stock price and M&A behavior by comparing actual data. Based on the company's stock liquidity, the M&A effect is evaluated. The research results indicate that M&A can enable companies to quickly acquire the resources needed for development, generate synergies through integration, establish core competitiveness, and gain competitive advantages.
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