Gautam Adani, the chairperson of the Adani Group, is planning to sell stake in the cement business for $450 million with aim to reduce debt, reported Financial Times. Adani is looking to sell 4-5 per cent stake in...
M&A deals jump 40 per cent to USD 163 billion in 2022, aided by USD 57-billion HDFC merger: Report
The USD 57-billion HDFC-HDFC Bank deal helped the overall merger and acquisition activity in the country rise by 40 per cent to reach USD 163 billion in 2022, a report said on Monday. Strategic deals like the one...
India M&A deal size hit record levels, up 139%: Bain & Co
India has witnessed a record growth of 139% in overall M&A deal size, driven by record levels of cash and availability of assets, according to the latest Bain & Company’s annual Global Mergers & Acquisitions...
M&A, other corporate deals surpass pre-Covid levels in 2022: PwC India report
Despite global headwinds, mergers and acquisitions, and other corporate deals, India has demonstrated signs of stable corporate deals defying the trend among most other major economies. India has surpassed pre-Covid...
India sees record M&As in 2022 at $152 billion
India saw a record level of mergers and acquisitions in 2022, as companies sought to consolidate positions, and enter new segments, leading to some of the largest-ever transactions in sectors such as banking, cement and...
SPAC boom ends in frenzy of liquidation
During the boom in blank-check companies, their creators couldn’t launch them fast enough. Now they are rushing to liquidate their creations before the end of the year, marking an ugly conclusion to the SPAC frenzy...
Dealmaking slips by almost a third in 2022 marked by volatility, inflation
Stubbornly high inflation, soaring borrowing costs and geopolitical uncertainty hindered dealmaking in 2022, sending global mergers and acquisitions activity down by almost a third compared with last year’s record haul...
Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions
Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing costs, weak equity markets and China’s...
Govt may revise offshore M&A regulation threshold
The government is likely to periodically revise the proposed ₹2,000 crore deal value threshold for mandatory Competition Commission of India (CCI) approval for global mergers and acquisitions with an India play...
Dealmakers face pressure to clinch M&A quickly in volatile markets
When HSBC plc struck a deal last week to sell its Canadian unit to Royal Bank of Canada for C$13.5 billion, the winning bid offered one thing the others didn’t – speed. HSBC wrapped up the deal in just eight...
China approves 20 M&A deals, including INEOS stake buy in Shanghai SECCO Petrochem
China’s market regulator on Wednesday approved 20 merger and acquisition transactions without conditions, including INEOS Co.’s acquisition of Shanghai SECCO Petrochemical’s stake, according to a...
‘India could soon be a $200 bn M&A market’
While IPO fundraising activity has been subdued this year due to global macro challenges, investment banks have witnessed growing opportunities in mergers and acquisitions (M&As). In an interview, S. Ramesh...
