Precision Containeurs Ltd, a publicly listed maker of steel and plastic containers, had been defunct for about a decade when it blipped on the radar of Daman-based East India Drums and Barrels Manufacturing. In May last...
IBBI issues new guidelines to streamline process of appointing IPs as resolution professionals
The Insolvency and Bankruptcy Board of India (IBBI) has issued a new set of guidelines to streamline the process for appointing insolvency professionals (IPs) as interim resolution professionals, liquidators, and...
Deal activity dips 3% to $5 bn in May, merger and acquisitions down 58%
The overall deal activity declined by 3 per cent to USD 5.023 billion in May compared to USD 5.192 billion in the preceding month of April, a report said on Thursday. The merger and acquisitions plummeted 58 per cent to...
Competition Commission of India to soon bring new set of merger regulations
Competition Commission of India (CCI) will soon come out with a new set of merger regulations, giving effect to competition law amendments enacted last year, its chairperson Ravneet Kaur said on Monday. Kaur said CCI...
M&A deal value soars 60% to $19.6 billion with net 455 in Q1FY25, PE dips slightly: PwC India
The overall merger and acquisition (M&A) deal value soared by 60 per cent to $19.6 billion in January-March 2024, while that of the private equity (PE) ones experienced a slight dip, according to a latest PwC India...
Centre raises M&A thresholds for antitrust regulator’s nod
The Ministry of Corporate Affairs on Friday increased the asset and turnover thresholds for mergers and acquisitions of firms that would require the approval of the antitrust regulator, sparing small deals from...
Number of M&A deals in India falls 10% to 793 in 2023, says PwC report
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...
