Why do business combinations not under the same control generate profits?

Synergistic effect, market expansion, resource integration and other reasons.

1. Synergy: When two enterprises merge, they can * * * enjoy resources, technology, market channels, supply chain, etc. , to achieve synergy. By integrating and optimizing business operations, the merged enterprise can reduce costs, improve efficiency and increase profits.

2. Market expansion: Mergers can help enterprises enter new markets or expand their share in existing markets. Through mergers and acquisitions, enterprises can gain larger scale, wider customer base and stronger market influence, and increase sales and profits.

3. Resource integration: M&A can enable enterprises to obtain more resources, such as technology, patents, brands and talents. By integrating these resources, enterprises can enhance the competitiveness of products or services, meet market demand and achieve profit growth.