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...
Merger of anti-profiteering body with CCI faces hurdles
The government’s idea of merging the National Anti-profiteering Authority (NAA), which penalizes businesses for goods and services tax (GST)-related profiteering, with the anti-trust regulator Competition Commission of...
Dealmaking activity severely hit in Sept qtr; down 66% by value: Report
Corporate deals, including mergers and acquisitions and venture funding, were down 66 per cent by value to USD 10.22 billion in the September quarter, a report said on Tuesday. By volumes, the deals were down by 25 per...
M&As hit a record on HDFC, Adani, LTI-Mindtree deals
The volume and value of mergers and acquisitions in India hit new records, defying a global slowdown in deal-making as central banks turned off the liquidity spigot. Deal value in India rose 58% to $148 billion in the...
M&A activity touches all time high in 2022, 58.2% higher than 2021: Report
Merger & Acquisition (M&A) activity in India touched an all-time high of $148 billion in the first nine months of 2022. It was 58.2 per cent higher than in 2021, according to a report in BusinessLine (BL)...
CCI needs to be abreast of global best practices on mergers: FM Sitharaman
Finance Minister Nirmala Sitharaman said the Competition Commission of India (CCI) would need to keep pace with global developments on the merger and acquisition front and combine them with Indian laws. Speaking at the...
Deal values halve to $4.1 bn in August: Grant Thornton Bharat
Deal activity in India halved to USD 4.1 billion in value terms in August 2022 and witnessed a nearly 40 per cent slump in terms of volume, a report said on Thursday. When compared with the preceding month of July, the...