Mergers & Acquisitions traditionally referred to as “M&A” is one of the components or disciplines in corporate finance that deals with how independent corporations seek to leverage synergies to achieve a variety of corporate objectives. Such objectives may be to leapfrog growth, consolidate market leadership, reduce competitive rivalry, diversify cashflow sources, hedge forecasted risks etc.

Every business large or small must consistently measure the size of the market in which they operate and distil the market trends. The size of the market (or opportunity) may be increasing, shrinking or stagnant. It is an extremely important exercise. If the market is increasing in size and your revenue is not increasing proportionately,

The retail space in Nigeria has experienced phenomenal growth over the last decade. The trend has been sustained by a few fundamentals including a growing middleclass, increasing urbanization and infrastructural development especially within the financial capital – Lagos.