The U.S. Senate passed a bill on Tuesday that would increase fees that companies planning the biggest mergers pay to government antitrust agencies and give those agencies bigger budgets. The bill – co-sponsored by...
Italy in talks with EU to ease mergers between more than two banks – paper
Italy is discussing with the European Union new rules that would ease deals between more than two banks paving the way to merging Banca Monte dei Paschi di Siena and possibly Banco BPM in UniCredit, daily La Stampa said...
A Comprehensive Insight into Mergers and Acquisitions
Did you know, in 2020, India and the USA dominated the inbound & outbound M&A segment, with cross-border transactions totalling about 15 billion USD? Furthermore, IFLR reports also state that in 2020, the...
RBI to conduct customer satisfaction survey on bank mergers
The Reserve Bank of India (RBI) has decided to conduct a customer satisfaction survey to find out the impact of the recent mergers of state-owned banks on banking services being availed by individuals. Among other...
Company rules liberalised, fast track process for mergers extended to start-ups
The government on Wednesday liberalized rules for one-person companies and small companies—two special legal forms allowed under the Companies Act—and offered a fast-track merger and acquisition (M&A) process for...
Tax benefit on mergers and acquisitions withdrawn
The government has withdrawn a tax benefit for mergers and acquisitions (M&A) that would result in marginal increase in the cost of transactions. The government in the Budget 2021 said that no depreciation would be...
Inbound mergers and acquisitions fall 7% to $73.6 billion in 2020: Report
Despite Reliance Group closing a slew of equity divestments in its telecom and retail arms to the tune of USD 23 billion in 2020, the overall inbound M&As failed to notch up the 2019 tally with the value falling 7...
Analysis: Dealmakers see divided U.S. government favoring mergers and acquisitions
Joe Biden’s projected win of the U.S. presidency and the Republican Party potentially retaining control of the U.S. Senate could drive a pickup in mergers and acquisitions (M&A) that took a hit amid the COVID-19...
Canada’s Cenovus to buy Husky for $2.9 billion as pandemic drives oil mergers
Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada’s No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces...
Deutsche Bank CEO to board: mergers not a focus now, sources say
Deutsche Bank chief executive officer Christian Sewing has told the lender’s supervisory board he is not focused on mergers at the moment and is instead concentrating on the bank’s overhaul until 2022, people with...
Caixabank strikes $5 billion Bankia deal as more European bank mergers loom
Caixabank has agreed to buy Bankia for 4.3 billion euros ($5.1 billion) in an all-share deal that creates Spain’s biggest domestic lender and signals a pick up in mergers among Europe’s banks as they battle the fallout...
More bank mergers loom as Bankia, Caixabank eye big savings
Caixabank and state-owned Bankia are set to agree a merger to create Spain’s biggest domestic lender in the coming days, two sources told Reuters, in a deal expected to lead to hefty job losses and kick off a new wave...