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The paper provides a new research framework helping practitioners to explore prerequisites of competence based synergies in M&A deals. This paper also contributes theoretical scientific discussion on real option theory application in international business and strategic management research.

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This page is a summary of: Brazilian Natura & Co: creating cosmetic powerhouse. Empirical evidence of competence-based synergies in M&A processes, Academia Revista Latinoamericana de Administración, September 2020, Emerald,
DOI: 10.1108/arla-03-2020-0047.
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