The department of public enterprises (DPE), which is now under the finance ministry, will spearhead the government’s monetization drive of non-core assets such as land and buildings of central public sector enterprises...
What’s a SPAC and how does it help startups in raising money? Decoded
SPAC is the new buzzword in the deal-making space. It stands for a special-purpose acquisition company and it is a new way for a company to list in public markets. It is becoming very popular with founders in India and...
Pandemic recovery fuels deal craze as third-quarter M&A breaks all records
Global mergers and acquisitions hit new record highs in the third quarter as companies and investors shaped their post-COVID future through transformative deals while their advisers struggled to cope with transaction...
SPAC mergers are here to stay, says Gaurav Burman, scion of Dabur family
Gaurav Burman, who hails from a billionaire Indian consumer goods family, says the boom in blank-check company mergers may have eased, but don’t expect SPACs to go away. “Obviously, there are a lot of SPACs out there...
Deal activity in India Inc slows to $40.7 billion due to Covid wave: PwC
Deal activity in India during the first half of 2021 amounted to USD 40.7 billion across 710 deals, including both private equity (PE) and strategic acquisitions (M & A), according to a report by consulting major...
Global M&A volumes hit new record in 2021, overtaking last year’s haul
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...
