Asia-Pacific mergers and acquisitions are forecast by bankers to remain buoyant after surging 63% in the third quarter, driven by technology companies and conglomerates making strategic moves as they emerge from the...
India Inc eyes overseas M&A transactions
Indian companies with strong balance sheets have shaken off the shock from the coronavirus pandemic to chase overseas acquisitions, hoping to pick up attractive assets whose valuations have been hammered by the virus...
Pre-packaged insolvency resolution framework for MSMEs soon, say officials
Pre-packaged insolvency resolution framework could make a debut in the micro, small and medium enterprises (MSME) segment before being expanded to other sectors. The government is drawing up a framework for resolution...
Trade unions condemn proposal to privatise more airports, IRCTC stake sale
As many as 10 trade unions on Tuesday condemned the government’s proposal to privatise more airports and stake sale in Indian Railways Catering and Tourism Corporation (IRCTC). “Granting the airports to a...
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...
Carlyle sees India M&A accelerating on pharma, technology deals
Dealmakers in India will be busier than ever as global investors are going to follow Facebook Inc. and Google in deploying capital into the country, according to Carlyle Group. The South Asian nation has become...
M&A up 14.55 % in H120 led; Jio Platforms investments up deal value
Mergers and acquisitions (M&A) in India rose 14.55 per cent to $43.54 billion in value terms in the first half of 2020, mainly due to Reliance Industries selling stakes in its digital arm Jio platforms. Deal count...
As Asian deals disappear, India becomes unlikely hotspot for M&A
Mukesh Ambani’s ambitious courtship of international investors has helped turn India into a rare bright spot for dealmaking in 2020, a shift that bankers say is likely to continue as the battle for the country’s digital...
Govt to focus on strategic stake sales to meet disinvestment target: DIPAM
The government will focus on strategic stake sales to meet the ₹1.20 trillion CPSE disinvestment target in the current fiscal, DIPAM Secretary Tuhin Kanta Pandey said on Friday. The government has already invited bids...
‘M&A opportunities will remain irrespective of liquidity crunch’
There will be opportunities for consolidation in the energy sector, especially for companies with deep pockets and a long-term view, amid the liquidity crunch caused by the covid-19 pandemic, said Ashish Khanna, Tata...
Coronavirus strikes down global M&A as companies keep their distance
Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data provider Refinitiv, as companies gave up on expansion plans to focus on protecting their balance sheets...
Markets regulator amends takeover code
The Securities and Exchange Board of India (Sebi) on Thursday relaxed rules on pricing shares in preferential allotments, in a relief for companies struggling to raise funds amid the coronavirus upheaval. Separately...
