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...
Gautam Adani to sell stake in cement business for $450mn to reduce debt: Report
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...
