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...
India Inc likely to focus on home market for M&As
India Inc. is expected to focus on the home market and avoid venturing overseas for mergers and acquisition (M&A) opportunities, with the covid-19 pandemic disrupting economic activity and growth prospects. So far...
The rainmaker behind Mukesh Ambani’s $13 billion deal spree
He has no flashy titles and few outside India know his name. But in the halls of Reliance Industries Ltd., Manoj Modi has quietly become one of the most powerful forces behind the corporate empire of Asia’s richest man...
Deals that may be affected by Australia’s foreign M&A crackdown
Australia plans to give its foreign investment regulator sweeping new powers to intervene in all takeovers from overseas interests regardless of dollar value, citing security concerns. The changes could affect a hefty...
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...
Indian startups gear up for acquisitions, strategic mergers
The startup space in India is looking at a lot of mergers and acquisitions this year and the next. Stakeholders say bridge funding deals, talks on acquisitions and investments have already begun. “We’ve seen it as a...
Worldwide M&As slip to 18-year low in April
Mergers and acquisitions (M&As) worldwide fell in April to their lowest level since September 2002, according to data from financial markets tracker Refinitiv, as lockdowns hamper deal-making. Deals with a combined...
Covid-19 pandemic takes toll on global M&A as $1 billion deals disappear
For the first time since September 2004, no merger and acquisition deal worth more than $1 billion was announced worldwide last week, according to data provider Refinitiv, as the new coronavirus stifles global M&A...
Germany tightens rules on foreign takeovers
Germany’s government agreed on Wednesday to tighten rules to protect domestic firms from unwanted takeovers by investors from non-European Union countries. The move comes at a time when Europe’s biggest economy, and the...
