The next fiscal sell-off target is being pegged at over ₹1 trillion on the back of higher number of strategic stake sale of both big and small companies, apart from the scheduled divestment of Air India, BPCL and Concor...
General
What is strategic sale? How is it different from disinvestment?
The sale of Air India and BPCL would have served as a shot in the arm for the government’s Rs 1,05,000 crore disinvestment target budgeted for FY20. As of now, it looks highly unlikely that the strategic sale of...
CCI set to get more teeth to regulate tech giants’ M&As
Global mergers and acquisitions (M&As) among technology giants that could disturb the competition landscape in India may soon require clearance from the Competition Commission of India (CCI). The change will bring...
SC to hear Tata plea against reinstating Mistry on Friday
The Supreme Court will hear on 10 January the petition by Tata Sons Private Ltd (TSPL) challenging the NCLAT decision restoring Cyrus Mistry as executive chairman of the Tata group. The apex court website on Tuesday...
Turkish deal-making was lowest since at least 2011: Ernst & Young
Ernst & Young Turkey said on Tuesday that the disclosed amount of mergers and acquisitions in Turkey stood at $2.7 billion in 2019, the lowest since at least 2011, reflecting the effects of recession and the 2018...
Dealmakers eye cross-border M&A recovery as mega mergers roll on
A rise in large mergers and acquisitions (M&A) helped offset a plunge in cross-border deals in 2019, and many dealmakers say they expect subsiding geopolitical risk to embolden companies to pursue more tie-ups...
Israeli M&A value slips 6% in 2019 to $20.4 billion – report
The value of mergers and acquisitions in Israel in 2019 fell 6% to $20.4 billion though the number of deals rose 34% to 166, according to a report released by Pricewaterhouse Coopers on Monday. The value of deals in...
Voda-Idea, Walmart-Flipkart: The biggest M&As of the decade
Talks of billions, hushed deals, closed-door meetings are just some of the similarities between the biggest mergers and acquisitions that went down in the last decade. From tech giants swallowing young competition to...
Deal street gets deserted in 2019 as debt obligations cast shadow over M&As
Merger and acquisitions seem to have become a big casualty of corporates’ debt distress as India Inc learnt it hard way in 2019 that their first priority was to meet their loan repayment obligations and suitors...
Average deal sizes go up on higher inbound M&A transactions
Average deal sizes have risen thanks to increased inbound transactions as foreign investors are offering more cash to buy stakes in domestic companies, an analysis of merger and acquisition (M&A) data by Kotak...
Markets may witness consolidation in holiday-shortened week ahead, say analysts
Equity markets may witness consolidation in the holiday-shortened week ahead amid lack of major triggers, though some stock-specific action can be expected due to a rejig in Sensex constituents, analysts said. Tata...
Value of M&As halves to $37 billion in 2019
Merger and acquisition (M&A) activity in India halved in value this year from 2018, reflecting fewer billion-dollar deals, according to consulting firm PwC India. The year so far saw 765 deals worth $37 billion...
