The merger agreement sets forth, preconditions to closing, closing procedures and post-closing obligations Moreover, when one is dealing with billions of dollars, every aspect of the deal and the risks must be noted...
Strategy for Successful Merger and Acquisition
The management of the company doing the acquisition must have a clear and well-defined strategy for their specific business In order to make a merger work, it is pertinent to have a sound strategic planning so that...
Coromandel acquires Sabero Organics
In May 2011, Coromandel International Ltd (CIL) acquired 74% stake in Sabero Organics Gujarat Limited (SOGL) for Rs 452 crore. This includes acquisition of entire 42.2% stake held by promoters in SOGL Break-up of 74%...
5 Surprising facts: Why mergers fails?
At a time when mergers and acquisitions are increasing at a much faster pace across all industries globally, the failure rate of such acquisitions can be as much as 90%, according to a recent Harvard Business Review...
Small is Beautiful
While big ticket acquisitions like the $12.7-billion Tata Steel-Corus deal may draw major headlines and peer’s envy, it is small ticket deals like Dabur buying Balsara group for $35 million or Emani acquiring Zandu...
Anbang’s Starwood retreat is setback for China’s M&A campaign
Anbang Insurance Group Co’s unexpected withdrawal this week of its $14 billion offer to buy Starwood Hotels & Resorts Worldwide Inc is a wider blow to the unprecedented drive by Chinese companies to acquire...
Steve & Barry arm, Bombay Rayon form JV
Steve & Barry arm, Bombay Rayon form JV In order to leverage the cost advantage in India, 4004 Incorporated India, the procurement affiliate of American retail chain Steve and Barry’s and textile firm Bombay...
How Indian firms finance their overseas M&As
How Indian firms finance their overseas M&As Most people would not think of United Phosphorus when discussing mergers and acquisitions. Yet, this Punjab-based exporter of agrochemicals has emerged as a star player...
India Inc sweetens offers for buys abroad
India Inc sweetens offers for buys abroad When textile-maker Alok Textiles bought into $22 million Mileta, it left a good 40 per cent share with the existing shareholders, promising them a better valuation if Mileta...
Willis BA India sets up M&A unit
Willis BA India sets up M&A unit Willis BA India Pvt Ltd has set up a mergers and acquisitions (M&A) division in the country. It will offer insurance to mitigate risks from M&A transactions. The fact that...
Insurers bullish on M&A cover
Insurers bullish on M&A cover With the heating up of the mergers and acquisitions space in India, insurers and international brokers are seeing business. Willis BA, a global insurance broker, has launched the...
A flawed suggestion
A flawed suggestion The government’s draft delisting rules which, inter alia, require stock exchanges to compulsorily delist companies that have made losses for three consecutive years and whose net worth has...