M&A Activity

The RBI has opened the M&A financing market to PSBs, but banks now face challenges around compensation structures, governance oversight, specialist hiring and regulatory constraints

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling USD 7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said. As many as 85 merger and acquisition (M&A) deals worth USD 4.8 billion were announced in February. Domestic deals constituted 68 per cent of M&A volumes and 78 per cent of total values. Outbound deals surged, while inbound deal values declined sharply. "Despite global economic uncertainties, including declining foreign investments in Indian public markets and looming trade tariffs, Indian dealscape demonstrated resilience, driven by robust domestic demand," it added. Zen Technologies and Nitco Ltd were key acquirers, each acquiring four companies, ...

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Bankers anticipate deal-making to remain robust in 2025 with several marquee deals in the making

M&A deal value in India fell 27 per cent in 2023 to USD 136 billion but the deals market is expected to remain steady in the current year, Deloitte India said in a report on Monday. "Amidst significant global challenges posed by high-interest rates, macroeconomic uncertainty, regulatory scrutiny, and geopolitical risks, India's M&A landscape stood resilient in 2023," 'India M&A Trends 2024' report said. "Despite global economic and geopolitical challenges, India's deals market is expected to remain steady, reflecting strong confidence from businesses and investors amidst a global economic slowdown," it added. In 2024, M&A (Merger and Acquisition) momentum is expected to remain steady with the manufacturing sector, driven by automotive, with deal growth expected in auto-components and Electric Vehicles (EVs). Also, the government's proactive initiatives to promote clean energy are expected to catalyse a significant rise in M&A within the energy sector. M&A in ..

M&A activity is set to increase in this space, feels industry, and more partnerships between organised players and mom-and-pop shops is in store

Outbound M&A activity increased 31.6% year-on-year to hit $9.8 billion

This year India Inc clinched its highest-ever mergers and acquisitions, beating the previous record of 2021. What were the factors that led to this year's stellar numbers? How will 2023 play out?

According to Grant Thornton Bharat's Dealtracker September 2022 report, a total of 450 deals worth $10.2 billion were recorded in Q3FY23, 25 per cent below the 600 deals recorded in Q3FY22

Vinod Bahety, who's been helming Adani Enterprises Ltd.'s M&A activity, will move to a new business vertical and a formal announcement could come as soon as this month

The second half of 2022 will see further consolidation as established start-ups look for M&A opportunities at attractive valuation to increase market share

Morgan Stanley earned $258 mn in revenue from its equity underwriting business, down sharply from $1.5 bn a year ago, when it generated handsome fees from a spate of high-profile IPOs

The pipeline of potential acquisitions is expected to contribute up to 30 per cent of its online arm's top line and EBITDA in the next five years, the company said

Related party transactions' rules tightened to prevent abuse; startup founders get more leeway to retain control

When compared with the second half of 2020, the $40.7 billion investments were a mere 2 per cent increase

The funding will be used by Tessolve, a Hero Electronix venture, to drive further growth through acquisitions and organic investments

It is the Japanese electronics firm's biggest acquisition since 2011

Cross-border deal volumes fell 19 per cent compared with the previous year but the deal values jumped two times over 2019 to $21 billion

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buyout Oman Oil Company's shares in the Bina refinery project for about Rs 2,400 crore. BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh. In a stock exchange filing, BPCL said it has "finalised commercial terms in connection with the purchase of the 88.86 crore equity shares of Bharat Oman Refineries Limited (BORL), constituting 36.62 per cent of the equity share capital from OQ S.A.0.C. (formerly known as Oman Oil Company S.A.0.C.) for a consideration of approx Rs 2,399.26 crore". The transaction, it said, is subject to the execution of the relevant transaction documentation and other conditions agreed upon among the parties. "Upon completion, BPCL will hold 100 per cent of the equity share capital in BORL," it said. On Tuesday, BPCL Director (Finance) N Vijayagopal had said that discussion

After all, this weekend's flurry of deal activity shows that not even the coronavirus can stifle M&A demand for long