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英语翻译1998 was undoubtedly the year of the merger.More compani

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英语翻译
1998 was undoubtedly the year of the merger.More companies together in deals that totaled $2.25 trillion and created the world’s largest ever bank and the world’s biggest oil company.Faced with plummeting oil prices,oil giants Exxon and Mobil sought to achieve economies of scale through a $ 250bn.merger.
There are several factors behind the increase in mergers and acquisitions.Firstly,the accelerated rate of globalization has left companies desperately seeking overseas acquisitions in order to remain competitive.Deutsche Bank bought its way into the US with its takeover of Bankers Trust,whilst Siemens hopes that its acquisition of Matra,the French defence group,will allow it to gain access to France’s railway business,which is dominated by Alstom,the Anglo-French consortium.
Another factor behind the increase in merger activity is the record performance of stock markets,which has enabled companies to finance major acquisitions on the strength of their inflated share prices.Earlier this year Vodafone,the UK mobile telephone operator,acquired its US counterpart AirTouch by making AirTouch shareholders a cash and stock swap offer worth a total of $ 62bn.The deal created Vodafone AirTouch the world’s largest mobile telecoms group with over 29m customers.
The European banking sector is also seeing a trend towards consolidation,a process accelerated by deregulation,over-capacity and the arrival of the single European currency.
New technology is also making it easier for companies to diversify as different industries come to rely on common technologies.Microsoft,for instance,is busily diversifying into cable and mobile telecommunications as well as WebTV.The US software giant has a $ 56bn.equity stake in AT&T,which recently bought Media One for $ 57bn.Under the deal,Microsoft will succeed in introducing its recently-launched cable television software into millions of homes in the US and UK.
1998无可置疑是合并的年.一起在曾经总共为2.25美元万亿和建立world’s最大的交易中更多公司沿公司筑堤和world’s石油大王们.面对坠落石油价格的,石油巨人埃克森和美孚寻求通过一$250bn取得规模经济.合并.
有几个在合并和获得的增加后面因素.首先,全球化的加速的速度已经在中离开极端寻找海外获得公司