2018 can be christened the ‘Year of M&As’, as mergers & acquisitions (M&A) skyrocketed to a whopping $80 billion, recording a 126 per cent jump on a year-on-year basis. Interestingly, 63 per cent of the...
Disinvestment proceeds touch Rs. 53,558 crore so for in the current fiscal
The government’s disinvestment proceeds have touched Rs. 53,558 crore so far in the current fiscal, as against the full year budget target of Rs. 80,000 crore. Last week, as much as Rs. 10,000 crore came in from Bharat...
German state ready to buy company stakes to protect core industry
Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a marked shift in industrial strategy he said was needed to safeguard the...
India may miss disinvestment target once again in FY19; fiscal deficit set to overshoot limit
After overachieving the divestment goal in the last financial year 2017-18 by a respectable amount, India looks set to miss its disinvestment target for the current fiscal 2018-19 once again, resulting in fiscal deficit...
M&As nearly doubled to $100 billion in 2018; highest in value after 2013
Merger and acquisition (M&A) activities during 2018 in India reached $100.1 billion (Rs 7.1 trillion) across 417 deals, almost doubling in value from the previous year, which saw 398 deals valued at $53.1 billion...
Indian companies log record $129 billion in M&A deals in 2018
The value of announced merger and acquisition (M&A) deals involving Indian companies more than doubled to reach $129.4 billion in 2018, according to data compiled by Thomson Reuters. The previous highest was $67.4...
Canadian M&A seen rising after hitting 12-year high in 2018
Canadian merger-and-acquisition activity is expected to strengthen in 2019 as a slump in oil prices could fuel consolidation among energy companies and cannabis deals gain momentum, M&A advisers said. Deal volume...
Goldman Set to Lead M&A for 2018 After Buyout Firms Lift Business
Boutique banks climbed the ranks of the world’s leading merger advisers, while Deutsche Bank AG dropped out of the top 10. But for all of the shuffling, familiar names remained at the head of the pack. Goldman Sachs...
How M&A deals are likely to pan out in 2019
It has been quite a happening year for mergers and acquisitions (M&As). Some marque acquisitions of 2018 were Walmart Inc.’s $16 billion acquisition of Flipkart, UltraTech Cement Ltd’s acquisition of Binani Cement...
Move over Flipkart-Walmart deal, these exits also made significant noises in India M&A ecosystem
While Walmart’s star acquisition of India’s e-commerce poster boy Flipkart would resonate in the years to come as an inflexion point in the Indian e-commerce market, there were other notable exits as well that helped...
With a banner year for deals, India overtakes China as a favoured target
India is having its busiest year ever for corporate deal making, as foreign buyers are now spending more here than in China. Companies and investors alike are betting the world’s fastest-growing large economy—once seen...
Dealmakers brace for M&A slowdown in 2019 amid economic uncertainty
Dealmakers celebrating their third-strongest year on record are fretting 2019 will herald a steep drop in mergers and acquisitions worldwide, as market jitters and economic uncertainty take their toll. The fourth...
