Global merger and acquisition (M&A) activity has breached new highs, building on the record-breaking dealmaking streak from the beginning of the year that has been aided by low interest rates and soaring stock...
SPACs target emerging markets as US competition mounts
Blank-check companies are venturing to far-flung locales such as Brazil, Israel and Turkey to find attractive merger targets these days. Special-purpose acquisition companies, or SPACs, explicitly pursuing companies in...
Deal activity in H1 2021 at $40.7 bn, down 14% over year-ago period
The first half of the Calendar Year 2021 (H1CY2021) recorded deal activity worth around $40.7 billion over 710 transactions, which included both private equity and strategic acquisitions. However, the deal value was...
M&A activity lost steam as outbound deals surged in H1
Merger and acquisition (M&A) activity slowed in the first half of 2021 in India with inbound M&A deals falling to $14.4 billion from $26.1 billion in the year-ago period, according to a report by PwC. M&A...
Britain revises SPAC rules to attract listings to London market
Britain has eased rules for so-called special purpose acquisition companies (SPACs) to attract more listings to London, just as global regulators have put a watch on SPACs, which may already be peaking in popularity...
Record-low rates spur Australia M&A frenzy in 2021
Australia is seeing a flurry of deal-making so far this year, as record-low interest rates have given institutional investors and companies a well-funded war chest to chase higher valuations. From potentially one of...
Cash-laden companies are on a mergers and acquisitions spree
Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding...
When Davids strike Goliath-sized deals
Traditionally, merger and acquisition (M&A) stories are about the big fish gobbling up the small ones. But, a reversal seems to be playing out in the M&A space as startups, who are yet to hit their ‘teens’, are...
Keeping eyes open for future acquisitions, says Dodla Dairy MD
After the pandemic, consumers have moved rapidly towards packaged food products in view of safety, hygiene and cleanliness. Also, the trend is shifting more towards people preferring to buy value-added products like...
Green SPACs struggle after years of success
SPACs and green companies were two of the hottest pandemic investments. Combining the two—green SPACs—has been even more profitable, but there is evidence this is changing. Special-purpose acquisition companies that...
A world-class merger control regime
June 1, 2011, was a red-letter day for India—merger control under the country’s Competition Act went live, giving the CCI power to review an M&A transaction’s competitive effects, where parties, whether in India or...
SPACs: Bidding goodbye to traditional Initial Public Offers, but will it work for Indian firms?
It’s raining SPACs (special purpose acquisition company)! Capital raising exercises through the SPAC route has witnessed an unprecedented surge with a record-breaking fundraise by 298 SPACs of nearly US$ 88 billion in...
