At least three Australian takeovers potentially worth a combined $1.2 billion are facing lower prices and contract conditions, three sources said, as financial market turmoil sparked by the coronavirus has made it...
Virus Outbreak Could Lead Companies to Renegotiate M&A Deals
Companies are considering renegotiating previously announced mergers and acquisitions after the outbreak of the coronavirus, according to law firm Hogan Lovells. Some dealmakers are seeking to change the terms of...
Jet-setting bankers grounded with epidemic fears hobbling M&A deals
Dealmaking across the world is being hampered by the spread of the coronavirus, grounding jet-setting investment bankers and threatening a decade-long boom in mergers and acquisitions. One adviser who usually flies...
Hospitality M&A deals to exceed $ 800 million in 2020: HVS
Hospitality consultancy firm HVS expects mergers and acquisitions in the hospitality space to exceed $ 800 million in 2020, besides a revenue per available room growth in the range of 4.7%-5.4%. In its new report titled...
M&A deals perk up in health insurance
Mortgage lender HDFC Ltd has completed the acquisition of a majority stake in Chennai-based Apollo Munich Health Insurance Company Ltd for Rs 1,495.81 crore. Last year, TTK Group had exited from the Cigna TTK Health...
MET Energy Holding plans billion-euro M&A deals in Europe: CEO
Swiss-based MET Energy plans to expand rapidly in Europe over the next three years via acquisitions worth at least 1 billion euros ($1.10 billion) once a deal with Singapore conglomerate Keppel Corporation is finalised...
India to see M&A deals worth $52 bn in 2019
India is expected to see M&A deals of over USD 52 billion in 2019 as mergers and acquisitions in the country are expected to remain stable despite global headwinds, according to a new report by Baker McKenzie...
M&A deals set to surge as founders face acute cash squeeze: Axis Capital
Deal volumes in India are set to surge as embattled founders sell businesses to tide over a cash squeeze, according to Axis Capital Ltd., the investment banking unit of one of India’s largest private-sector lenders. “As...
Nestle to return $20 bn to shareholders by 2022, eyes M&A deals
Nestlé SA plans to return as much as $20 billion to shareholders by 2022 and indicated an appetite for acquisitions to help chief executive officer (CEO) Mark Schneider sustain faster growth and better profit margins...
Share of carve-outs in M&A deals rises as firms hive non-core assets
Large Indian corporates are increasingly selling down businesses that are not core. This trend is adding to the mergers and acquisitions activity too, in recent times. The share of carve-outs in mergers and acquisitions...
M&A deals decline in Q1CY19, PE activity remains robust: EY India
After a record year for Indian M&A, deal-makers paused a little in the first quarter of 2019, thanks to a subdued global M&A market. Besides, the uncertainty around general elections results also appear to have...
M&A deals in April see 96 per cent decline to $735 million: Report
The value of merger and acquisition deals announced in April stood at $735 million (over Rs 5,100 crore), a decline of 96 per cent against previous year during the same period, as per a report. According to a report by...