Power Finance Corporation Limited: How to Benefit from Synergies
The chairman and managing director of Power Finance Corporation Limited (PFC) acquired REC Limited (REC), which was also engaged in the business of financing power sector projects. Both companies were in the public sector, with the Government of India holding the majority stake. The chairman and managing director must determine the next course of action for the two firms in order to achieve the maximum level of synergy. Shikha Bhatia is affiliated with International Management Institute. Sanjay Dhamija is affiliated with International Management Institute.