The government has garnered over Rs 21,432 crore ($3 billion) through selling its stake in central public sector enterprises (CPSEs) during the first eight months of the current fiscal, representing nearly 60 percent of...
Top M&A successes of the year, and other deals that died
Market volatility in 2016 put a major damper on corporate deal-making with many failed mergers and acquisitions. For instance, Pfizer and Allergan’s $152 billion deal failed after the Obama administration tweaked...
Corporate makeovers drive corporate takeovers in 2016 M&A bonanza
* 2016 was third-biggest year for M&A on record * Global M&A volume fell 17 pct to $3.6 trln vs 2015’s record * China outbound cross-border M&A a record $221 billion * Transformative deals include...
Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting
Britain avoided a collapse in mergers and acquisitions activity after the shock Brexit vote as foreign companies used sterling’s spectacular devaluation against the U.S. dollar to snap up British companies...
M&A activity at a record high of $69.75 billion
Indian merger and acquisition (M&A) activity rose to $69.75 billion across 1,195 announced transactions in 2016, a record level fuelled by a wave of consolidation and rising confidence in the country’s economic...
Pipeline Deals Help Push Canadian Takeovers Abroad to Record
Mergers and acquisitions involving Canadian companies soared to a nine-year high in 2016, driven by a record string of pipeline deals by energy firms frustrated at home. Pipeline deals — including Enbridge Inc.’s...
Indian firms’ November M&A deal value falls 16% to $2 billion: Grant Thornton
Corporate India’s merger and acquisition (M&A) activity witnessed a 16% decline in November at $2.06 billion, largely owing to an absence of big ticket deals compared to the year-ago period, says a survey. According...
Despite surge, still a long road ahead for start-up M&As in India
Merger and acquisition (M&A) activity in India’s start-up ecosystem is increasing, but it will take two to five years more to gain scale. Start-ups that have received venture funding in the last two years will take...
China Pumps the Brakes on U.S. Dealmaking After Trump Win
Chinese buyers keen to continue 2016’s rapid dealmaking under a Donald Trump presidency are being given one piece of advice: Wait and see. Bankers and lawyers are already counseling some Chinese clients to hit the pause...
India Inc’s Jan-Oct M&A deal tally hits $32 billion: Thornton
Corporate India’s merger and acquisition activity witnessed a significant surge in October with transactions worth $4.5 billion, taking the total deal tally to $32.55 billion in the first 10 months of the year...
M&A activity set to spike in India: Mergers Alliance
M&A activity is set to rise significantly in India in the coming months as the country remains the brightest spot for investments among BRICS nations, according to Mergers Alliance, a global partnership of...
Trump victory clouds outlook for Time Warner-AT&T, other mergers
U.S. corporate dealmakers were likely to put major merger plans on hold as they assess whether U.S. President-elect Donald Trump will follow through on his populist promises and a threat to block AT&T Inc’s (T...
