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...
CCI issues guidance note for combination applications to ease M&A filings
Competition Commission has revised its guidance note for filing applications seeking approvals for combinations, a move that will help in having a more standardised review process. The guidance note for Form I has been...
Newer funding sources may kick-start M&A ecosystem
Despite the recent headwinds facing the Indian economy and the fall in overall merger and acquisition (M&A) activity, the domestic market continues to provide interesting opportunities for inorganic growth, said top...
Concor disinvestment process hits a roadblock! Private companies object to sale of Indian Railways land to PSU
The Container Corporation of India’s disinvestment process has hit a roadblock! Piyush Goyal-led Railway Ministry has valued the cost of its land leased to Concor at Rs 16,500 crore. However, the private container...
Market volatility puts pressure on prices in Australian M&A deals – sources
At least three Australian takeovers potentially worth a combined $1.2 billion are facing lower prices and contract conditions, three sources said, as financial market turmoil sparked by the coronavirus has made it...
SoftBank to buy back up to $4.8 billion of its shares after pressure from Elliott
SoftBank Group Corp said on Friday it will buy back up to 7% of its own shares for as much as 500 billion yen ($4.8 billion) – a decision that comes after activist investor Elliott Management pressed for $20...
Virus Outbreak Could Lead Companies to Renegotiate M&A Deals
Companies are considering renegotiating previously announced mergers and acquisitions after the outbreak of the coronavirus, according to law firm Hogan Lovells. Some dealmakers are seeking to change the terms of...
