The value of merger and acquisition deals in February slumped 34 per cent to $ 1.24 billion compared to the year-ago period, according to a report. Leading consultancy Grant Thornton’s report showed that number of...
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Liquidation cases may rise as resolution plans fall short on valuations
Liquidation cases are likely to rise as resolution plans fail to give a reasonable valuation, said bankers at the Mint India Investment Summit. They also said liquidation numbers are high due to legacy issues. “If we...
2018 best year for M&As as deal values rise 126% to $80 billion
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...
