The number of merger and acquisition (M&A) deals during 2023 dropped by 10 per cent on an annual basis to 793, said a PwC India report on Sunday. However, the total disclosed deal value for M&A declined much...
Leaders have to navigate through a maze if they decide on M&A
All corporate leaders want to grow their businesses. Many see organic growth — or internal growth — as the only way to drive businesses. But they should also plan for inorganic growth — mergers and acquisitions — as...
India set to miss divestment targets by more than half this year – sources
India will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this year and will miss divestment targets for the fifth straight year, sources said, as elections shift...
M&A activity dips amid geopolitical concerns, only 5 mega deals this year
Rising interest rates, geopolitical tensions, and recession fears have led to a downturn in Mergers and Acquisitions (M&A) activities in the first quarter of 2023, said a Boston Consulting Group report. According to...
Insolvency & Bankruptcy Code cannot be used as a tool for recovery; says NCLT
Insolvency & Bankruptcy Code (IBC) cannot be used as a “tool for recovery”, the NCLT observed while dismissing a plea by two unit buyers of a commercial complex. The Principal Bench of the National...
Japan releases new M&A guidelines to promote takeovers, consolidation
The Japanese government on Thursday released new guidelines to promote more mergers and acquisitions (M&A) in the world’s third-largest economy as it hopes to spur consolidation in the industry and boost...
M&A value nosedives 75% to $32.6 bn in H1 of 2023 despite record volume
The value of merger and acquisition (M&A) deals plunged 75 per cent to USD 32.6 billion in the first half of 2023 even as the number of such deals crossed an all-time high of 1,400, according to industry data. More...
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and lawyers expressed optimism that the stock market’s recovery will gradually restore chief...
Deal activity plunges 87% YoY in May to $4.6 bn in value, 45% in volume
Deal activities fell a steep 87 per cent in May to USD 4.6 billion in value and by 45 per cent in volume terms to just 106 deals, according to an industry report. May 2022 witnessed four multi-billion-dollar deals...
After a strong 2022, M&A in tech services sector falls in Q1 2023: Nasscom
The deal activity in the global technology services sector has softened, with over 150 transactions announced in the first quarter of 2023 compared to 270-plus deals in Q1 2022 and over 220 in the first quarter of 2021...
SP Group looks to raise $1.75 billion against Tata stake
The Shapoorji Pallonji (SP) Group, the single largest shareholder of Tata Sons, is in talks to raise $1.75 billion by pledging the remaining half of its stake in the unlisted holding company of the Tata Group, said...
Parliament passes antitrust legislation on overseas mergers & acquisitions
India’s parliament approved a revised legislation which gives the South Asian nation’s antitrust watchdog wider powers to review overseas mergers and acquisitions. The legislation was approved by the upper house of...