The number of merger and acquisition (M&A) deals during 2023 dropped by 10 per cent on an annual basis to 793, said a PwC India report on Sunday. However, the total disclosed deal value for M&A declined much...
M&A deals in Permian basin exceeds $100 billion in 2023 – WoodMac
The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100 billion after several multi-billion dollar deals, consultancy Wood Mackenzie said in a news...
M&A deals jump 40 per cent to USD 163 billion in 2022, aided by USD 57-billion HDFC merger: Report
The USD 57-billion HDFC-HDFC Bank deal helped the overall merger and acquisition activity in the country rise by 40 per cent to reach USD 163 billion in 2022, a report said on Monday. Strategic deals like the one...
China approves 20 M&A deals, including INEOS stake buy in Shanghai SECCO Petrochem
China’s market regulator on Wednesday approved 20 merger and acquisition transactions without conditions, including INEOS Co.’s acquisition of Shanghai SECCO Petrochemical’s stake, according to a...
Insurance industry will continue to see M&A deals, new entrants
Merger and acquisitions will continue to be a part and parcel of the insurance sector, which is a highly capital intensive sector and can accommodate new entrants with specialised skill sets having long-term vision. The...
Real beauty of M&A deals is yet to come to India
On April 25th, when the board of Twitter decided to accept the offer of Elon Musk of the total value of app $44bn, the one thing nobody doubted was the funding of the deal. Neither the buyer nor the seller was under any...
HDFC Bank, HDFC merge in mother of all M&A deals
HDFC Bank Ltd, India’s most valuable lender, agreed to acquire its parent and the country’s largest mortgage lender for about $64 billion in an all-stock deal to create a $160 billion financial services behemoth that...
Brazil retailers hunt for M&A deals to compete for e-commerce dominance
In March last year, Oziel da Silva Santos needed a new TV but with stores closed due to COVID-19 restrictions in Brazil’s northern city of Belem, the 50-year old was clueless about how to get one. He followed a...
Telenor CEO eyes more M&A deals after Malaysia
Norwegian telecoms firm Telenor will seek opportunities for mergers and acquisitions in several of its Asian markets, as well as in Denmark, to obtain the size and cost savings needed for digital investments, its chief...
Out-of-court M&A deals set to pick up pace on IBC suspension
India may see more out-of-court merger and acquisition deals for distressed assets with the government suspending the insolvency and bankruptcy process for a year in view of the covid-19 crisis, and with banks under...
Covid-19: Asia M&A deals at $29.9 bln in May, lowest in 3 years, says report
Mergers and acquisitions (M&A) transactions across the Asia Pacific (excluding Japan), fell to their lowest in three years to $29.9 billion across 709 deals in May, according to a report by Refinitiv, a financial...
Volkswagen in final talks to seal biggest M&A deals in China EV sector – sources
Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world’s largest market for...