The value of global merger and acquisition (M&A) activity took a 29% hit in the first quarter of 2022 as market volatility fueled by Russia’s invasion of Ukraine pushed the brakes on last year’s...
Access to technology key to M&A strategies of Indian firms: survey
The merger and acquisition decisions of Indian companies for 2022 will be driven by their need to access key technologies to achieve strong and sustainable growth, according to the EY CEO Outlook 2022. Considering that...
Advocacy groups urge U.S. to block Frontier, Spirit tie-up
Several public advocacy groups on Thursday called on U.S. regulators to block a bid by budget carriers Frontier Group Holdings and Spirit Airlines Inc to create the fifth-largest U.S. airline, according to a letter seen...
Divestment deadline may be extended
The Russia-Ukraine conflict may force India to extend deadlines for planned strategic divestments in some major state-run companies with potential investors seeking more time to submit bids, said two government...
No Sebi, debenture holders don’t need a say in M&As
Debenture holders must approve any move by a company to enter into a merger or acquisition () — this new mandate has been markets regulator Sebi’s response to some non-banking financial companies (NBFCs) in distress...
CCI looks to ease market share disclosure norms for mergers
The Competition Commission of India (CCI) is planning a revamp of the disclosure requirements when entities seek approval for merger deals to make the process less burdensome, people aware of deliberations have told ET...
Global M&A volumes hit record high in 2021, breach $5 trillion for first time
Global dealmaking is set to maintain its scorching pace next year, after a historic year for merger and acquisition (M&A) activity that was fueled largely by easy availability of cheap financing and booming stock...
Britain increases scrutiny of foreign takeovers
Britain is putting foreign takeovers of its businesses under greater scrutiny, complicating a popular route to overseas expansion for American companies as they spend record amounts on UK acquisitions. The U.K. has for...
Controlling mergers in digital markets a challenge: CCI chief Ashok Gupta
Regulators have it tough when assessing mergers in a digital economy as large platforms can possibly collect complementary data to reinforce their market position, said Ashok Gupta, chairman of the Competition...
Deal or no deal, insurance rates soar to cover M&A boom
The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. Potential buyers take...
Sebi amends delisting rules to make M&A more convenient
Sebi has amended rules pertaining to delisting of equity shares of a company following an open offer as part of efforts to make merger and acquisition transactions for listed companies more convenient. Under the new...
Big mergers unlikely in 2022 as Biden regulatory squeeze intensifies
Large tie-ups between publicly listed companies will be off the table in 2022, as a crackdown by the Biden administration makes securing regulatory sign-off for combinations increasingly difficult, senior dealmakers...