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The global strategy constitutes the approach a company takes to expand its market reach beyond its local market. Therefore, global strategies are developed to boost sales globally. Acquisitions on the other hand occur when one company purchases all or most of another company's shares to gain control of it. In order to become a global market leader, 3 companies were merged to form Danisco, a powerful company that can successfully compete in the European Union common market Due to the high failure rate of acquisitions and the solid track record of some firms in acquiring companies, there are very few corporations with the ability to acquire companies.

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