Joint finance means joint regulation, joint regulation means Brussels. This is exactly what the proposed £21bn merger between the London Stock Exchange and the Deutsche Börse could result in.The deal is the latest in a...
Cabinet okays 10% stake sale in Hudco
The Cabinet Committee on Economic Affairs, on Wednesday, gave its nod to the second planned Initial Public Offering (IPO) of equity in state-owned companies for this financial year, with the approval of 10 per cent...
So Many M&A Deals Fail Because Companies Overlook This Simple Strategy
We have all seen or heard of high-profile cases where M&A deals didn’t work out. AOL–Time Warner, HP-Compaq, Quaker-Snapple — these are just some of the big ones. An analysis of 2,500 such deals by our firm shows...
Inside a Merger: Perspectives from Inside and Outside Counsel
Matt Furman had spent less than a month as general counsel at the insurance brokerage firm Willis Group Holdings in 2015, when he learned the company was in talks to combine with Towers Watson & Co. Furman said his...
SEBI and FMC: The story of a merger that took a dozen years
At an internal meeting in the Department of Economic Affairs in 2002, senior officials were discussing financial market reforms that could potentially follow the good deal of work done on the equity markets front...
PSU buybacks: anybody ask the minority what they want?
The government’s compulsion to bridge its fiscal deficit by using cash lying with listed public sector units (PSU) has taken various shapes such as share sales and special dividends. On Wednesday, NMDC Ltd and MOIL Ltd...
The One Utility Merger You Need Not Fear
Mergers between utility companies are about as dry as corporate dealmaking gets. But that’s not why traders hate them. For those in the arbitrage game, who stake their returns on when and at what...
Merger Lies and Ferragamo Bribes
By Matt Levine M&A etiquette. Guy Hands’s lawsuit against Citigroup continued in London yesterdaywith my favorite sort of cross-examination, the kind where Citi’s lawyers asked Hands if he was lying, and...
Mergers gone wrong: A decade’s worst deals
The ink isn’t even dry on Verizon’s (VZ) $4.4 billion buyout of AOL. But investors are already recounting some of the ugliest mergers in history – and hoping this won’t become one of them. The rogue’s gallery of...
Merger “synergies” can’t just be code for job cuts
The author is a Reuters Breakingviews columnist. The opinions expressed are his own. For companies, failure and expansion couldn’t be more different. For employees, they can feel the same. That uncomfortable truth ought...
What To Do About Your Brand After A Merger
Mergers and acquisitions are heating up in nearly every industry. In January alone, global activity in the pharma industry totaled $56 billion, more than double the total at the same time a few years ago, theFinancial...
Stock Exchange Merger Still Probable in Event of Brexit
A planned merger between the German and London stock exchanges would be essential in maintaining economic ties between Germany and the UK in the event of a Brexit, the head of the German exchange has said. Although the...
