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But the extent of cross-border synergies is not plain.
The expected cross-border synergies demand for the coordination of spatial and functional impacts over time.
The revenue synergies of cross-border deals are much smaller than the cost synergies of home-market deals.
I have great sympathy with that approach, but it rather dissipates the supposed synergies of cross-border banking.
Countries such as Belgium and the Netherlands have highly consolidated banking systems; others are catching up.Mr Bouton argues that domestic mergers yield quicker synergies than cross-border ones, which involve different rules, taxes and cultures.
The "revenue synergies" promised in cross-border mergers have proved particularly elusive, given the stubbornly local nature of regulation.
Cross-border investment ballooned.
Cross-border institutions also reinforce binational ties.
Cross-border problems would go unsolved.
Cross-border violence has simmered for weeks.
Even so, cross-border transactions are tricky.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com