Abstract

This study examines the impact of Mergers and Acquisition Strategies on the performances of Deposit Money Banks in Nigeria. The total population of the study is the 24 consolidated Deposit Money Banks in Nigeria from 2002 to 2017. The sample size used is the four selected banks namely: Access Bank Plc., First Bank Plc., Unity Bank Plc., and Union Bank Plc. respectively. Data were collected through primary source of data was used to analyze the first objective while secondary sources of data was adopted in analyzing the second objective. The t-test statistical tool and correlation analysis were used as a relationship determinant between the variables using SPSS Package and findings revealed that, there is a statistical significant relationship between (M & A) and performance of selected Banks. In conclusion the research shows that, there is a significant relationship between Pre- and Post- Merger and Acquisition and Corporate Survival of the selected banks. That, there is a significant relationship between Pre-merger and acquisition and post-merger & acquisition and Performance (Profitability) of the selected banks in terms of Return on Assets (ROA) and Return on Equity (ROE). The study therefore recommends that, Mergers and Acquisition activities should be encouraged because it leads to the corporate Survival of the entire Deposit Money Banks Nigeria. Other sectors facing liquidity issues that are wishing to survive, expand and improve their profit base should in future apply the principles and strategies of mergers and acquisition in their future activities since it leads to good corporate Growth and sustainability.