Model Hailey Bieber’s makeup and skincare brand, Rhode, is being snapped up by Elf Beauty ELF.N for about $1 billion, giving the budget cosmetic retailer access to a celebrity-endorsed product line that has become...
Salesforce Signs Definitive Agreement to Acquire Informatica
Thoma Bravo and Cloud Software Group were part of the five interested buyers of the asset, that person and another person familiar with the process said. Salesforce said it would buy Informatica for about $8 billion...
CCI nod only after CoC: Govt working on amendments to insolvency law
The government may amend the insolvency law to stipulate that a resolution plan will require the Competition Commission of India’s (CCI’s) approval only after it’s endorsed by the committee of creditors (CoC) and not...
Slew of PSU stake sales soon; govt plans to divest 6.5% in LIC in tranches
The government plans to divest a 6.5 per cent stake in Life Insurance Corporation (LIC) of India in tranches over the next 24 months, while kicking off a slew of share sales in central public-sector enterprises (CPSEs)...
M&A deal signing hits 20 year-low after Trump’s ‘Liberation Day’
Bankers and CEOs hit the brakes on mergers and acquisitions after U.S. President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the bleakest days of the COVID-19...
M&A deals likely to surge in 2025-26 amid market volatility: experts
Mergers and acquisitions in India will likely see a surge in volumes in 2025-26 both because of a volatile equity market and strong corporate balance sheets, said investment bankers and dealmakers at the Mint India...
Law changes on cards for quick CCI nod for distressed asset sales after SC order
The government is exploring urgent legislative changes to ensure swift approvals from the Competition Commission of India (CCI) for the sale of distressed assets after a Supreme Court (SC) order cast a cloud over...
Merger & Acquisition rules for small cos may be relaxed to ease compliance
The ministries of micro, small and medium enterprises (MSME) and corporate affairs are weighing proposals to relax merger and acquisition (M&A) rules for smaller enterprises to push them to gain scale and reduce...
Merger mania: Will big listed companies get to skip the company court?
The Centre may consider eliminating mandatory approval from the company law court in the merger and demerger of local listed firms, two people aware of the discussions in said, over eight years after it allowed the...
Resolution plans with mergers need CCI clearance before CoC approval: SC
The Supreme Court bench, by a majority of 2:1, has ruled that approval of the Competition Commission of India (CCI) for corporate insolvency resolution plans involving mergers and acquisitions must be secured before the...
India saw $116 billion deals in 2024
India’s deal activity saw a robust improvement in calendar year 2024, which saw total deal value across mergers and acquisitions, private equity, IPOs and QIPs touching $116 billion, according to Grant...
Japanese M&A interest makes a strong comeback in 2024
Top Japanese conglomerates and investment firms are ploughing money into India, putting unsavoury episodes of the past behind them. While Japan’s SoftBank has been investing in Indian startups for years, the...
