Page 4 - Merger And Acquisition

M&A deals rise 26% to $99.9 bn in FY25 on increased PE investments

Experts expect big-ticket M&A transactions in FY26 despite global headwinds

India's M&A market sees record activity in February at $7.2 billion

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, ...

India critical pillar in our global advisory biz, says Rothschild & Co

Rothschild, which set up its India presence in 1999 with a small team, focused on privatisation and cross-border deals, has expanded to 30 bankers covering all sectors

Granules acquires Swiss firm for Rs 192 crore; forays into CDMO space

Drug firm Granules India on Friday said it has acquired Switzerland-based CDMO firm Senn Chemicals AG for CHF 20 million (around Rs 192 crore). Senn develops and manufactures, Peptides and Peptides-based applications for its global customers, providing contract research, development, and manufacturing (CDMO) services. The acquisition is expected to be completed in the first half of 2025, Granules India said in a statement. "By entering the rapidly growing peptide therapeutics segment and acquiring CDMO capabilities, we are expanding into next-generation therapeutics that align with our commitment to innovation and affordability," Krishna Prasad Chigurupati, Chairman & Managing Director, Granules India, said. Senn's expertise in peptide synthesis, coupled with company's large-scale, cost-efficient manufacturing capabilities, positions Granules to deliver high-quality peptide-based solutions globally, he added. Rico Wiedenbruch, Chairman, Senn Chemicals AG, said "With Granules' ...

Brahma's $1.43 bn artificial intelligence play: Metaphysic acquisition

Abu Dhabi-based investor United Al Saqer Group (UASG) and DNEG (Double Negative) will invest $25 million into Brahma

Honda ready to revive takeover talks if Nissan CEO Uchida steps down

Nissan CEO Makoto Uchida has expressed his intention to stay until 2026, but is facing pressure to step down in coming months from board members and French partner Renault

Several companies turn to mutual funds to help finance acquisitions

Trend is expected to grow as firms explore alternative debt sources

German Lufthansa seals deal to get 41% of ITA Airways, full control by 2033

Germany's Lufthansa Group on Friday finalised its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy's former flagship carrier. Under the 325-million-euro (USD 350 million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of 829 million euros. The remaining 59 per cent will initially continue to be held by the Italian Treasury. This deal was originally announced in May 2023 and was approved by the European Commission following a year-long investigation and with conditions to protect competition. The commission noted that Lufthansa, ITA and its partners, for example, control most routes from Rome and Milan to North America. Under the deal, the merged company must make it possible for rival airlines to launch non-stop flights between Rome or Milan and central European airports, where competition is limited; make room for rivals on ...

Adani surpasses Mukesh Ambani's RIL group firms in 2024 M&A deals

Listed entities of top five groups collectively account for 15.3% of total value

Nirma Group's Nuvoco Vistas Corp to buy Vadraj Cement via NCLT route

Acquisition to increase the fifth-largest cement maker's capacity by 20 per cent

Hindustan Unilever in talks to buy skincare brand Minimalist for Rs 3K cr

The brand, which started in 2020, is known for its ingredient-based skincare products and raised funds in its Series A from Unilever Ventures and Sequoia Capital India

Banner year beckons again for India after $19 billion IPO record this year

Vishal Mega Mart Ltd.'s trading debut Wednesday underscored this insatiable appetite for IPOs - shares of the retailer surged more than 40 per cent. The feeding frenzy is set to roll into 2025

Sanghi Industries shares sink 12% as Board okays merger with Ambuja Cement

Under the deal, Ambuja Cements will issue 12 equity shares of the face value of Rs 2 each for every 100 equity shares of Sanghi Industries of face value Rs 10 each

Review of Nippon partnership ongoing as US Steel shares tumble, says US

statement comes after shares of US Steel tumbled more than 10 per cent on Tuesday afternoon following a Bloomberg report suggesting the deal would be killed in short order

Metropolis Healthcare adds Core strength to specialty cancer diagnostics

Buys 100% stake in Core Diagnostics through cash, stock for Rs 247 crore

Omnicom to acquire Interpublic, forming ad giant with $26 bn annual revenue

Omnicom is buying Interpublic Group in a stock-for-stock deal that will create an advertising powerhouse with combined annual revenue of almost USD 26 billion. Shareholders of The Interpublic Group of Companies Inc. will receive 0.344 Omnicom shares for each share of Interpublic common stock that they own. Omnicom shareholders will own 60.6 per cent of the combined company and Interpublic shareholders will own 39.4 per cent after the transaction is complete. The combined company will keep the Omnicom name and trade under the OMC ticker symbol on the New York Stock Exchange. The deal is expected to have annual cost savings of USD 750 million. The transaction is targeted to close during the second half of next year. It still needs the approval of Omnicom and Interpublic shareholders. Shares of Interpublic jumped more than 15 per cent before the market open on Monday, while Omnicom's stock fell more than 2 per cent.

Reassessment notice on non-existent entity after demerger unjustified: SC

MCTM then approached the Supreme Court against the High Court's order

Mavco and Avenue Capital Group acquire Hubergroup for global growth

The deal is projected as a strategic partnership to accelerate global growth, but regulatory approvals are still pending

Reliance, Disney complete merger; form Rs 70,352 crore joint venture

Reliance Industries holds a 16.34 per cent stake in the JV, while its step-down unit Viacom18 holds 46.82 per cent and Disney the rest 36.84 per cent

MUFG bullish on India, seeks M&A deals to drive growth, expand presence

The goal for Japan's largest lender is to push up its buyouts and investment in India