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...
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...
Sebi proposes cap on startup IPO proceeds for mergers and acquisitions
The Securities and Exchange Board of India (Sebi) proposed a limit on the money raised from initial public offerings (IPOs) that startups can use for mergers and acquisitions (M&As) unless takeover targets are...
U.S. FTC to restrict future deals for firms that pursue ‘anticompetitive mergers’
The U.S. Federal Trade Commission said on Monday it was restoring its practice of requiring companies that previously pursued an anticompetitive deal to get prior approval for certain future transactions, even very...
U.S. slows down oil and gas mergers-sources
U.S. antitrust regulators have extended the approval process for at least five oil and gas mergers and acquisitions in the last three months, as President Joe Biden’s administration scrutinizes deals in a bid to...
Big Tech’s little mergers draw more U.S. antitrust scrutiny
U.S. Federal Trade Commission staff presented data on Wednesday on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier...
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...
U.S. FTC chair calls for tougher stance on defense mergers
U.S. Federal Trade Commission Chair Lina Khan, responding to a letter from progressive Senator Elizabeth Warren, wrote in a letter released Thursday that she believed antitrust enforcers should take steps to block more...
Ujjivan, Equitas promoter holdings to fall to zero post mergers with SFBs
The reverse merger of Ujjivan Small Finance Bank (SFB) and Equitas SFB with their respective holding companies will bring down promoter shareholding to zero, thereby helping the entities comply with the Reserve Bank of...
White House to target bank mergers, financial data with competition order
President Joe Biden’s planned executive order to promote greater U.S. competition will target bank mergers by pushing the Federal Reserve and the Department of Justice to update merger guidelines and increase...
UpGrad earmarks $250 million for mergers and acquisitions over next 7-9 months
Edtech startup UpGrad said it has earmarked $250 million for mergers and acquisitions over the next 7-9 months on the back of its funding round earlier this year. The Mumbai-based company, promoted by media entrepreneur...
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...