Page 6 - Mergers & Acquisitions
Kurl-on looks at acquisitions, aims to become a home furnishings company
The company plans to achieve a turnover of Rs 1,500 crore by next year
 "Kurl-on looks at acquisitions, aims to become a home furnishings company")
Report predicts M&A deals worth $52 bn in India in 2019, 7% GDP growth
India M&A to remain stable despite a slowdown, says a report by Baker McKenzie.
 "Report predicts M&A deals worth $52 bn in India in 2019, 7% GDP growth")
Global economic uncertainties dampen India's M&A activity in August
the prevailing economic uncertainties resulted in August recording 36 per cent decline in terms of number of deals and 49 per cent fall in value terms
2018 best year for M&As as deal values rise 126% to $80 billion
The Walmart-Flipkart $16-billion deal topped the list
 "2018 best year for M&As as deal values rise 126% to $80 billion")
M&A sees highest quarterly deal value of $34.8 bn, 19% jump in Q2 CY18
The biggest deal during the second quarter of 2018 - Walmart's $16-billion acquisition of Flipkart - accounted for 46 per cent of the total disclosed deal value, according to EY India
 "M&A sees highest quarterly deal value of $34.8 bn, 19% jump in Q2 CY18")
M&A activity in India's payment sector flourishing: VCCEdge
Consolidation boom has gathered momentum in India's payment sector with 15 M&A deals worth USD 340.15 million signed in 2016-17, News Corp VCCEdge report said today. This year has seen a good start as well with three deals signed already. While one deal was worth USD 88 million, the value of other two was not disclosed. Key M&A deals in payments space include PayU Payments' acquisition of Citrus Payment Solutions for USD 130 million and E-Billing Solutions' acquisition of Techprocess Payment Services deal worth USD 88 million. In term of private equity (PE) investments, however, 2016 witnessed 14 deals worth USD 177.23 million, a decline of 60.36 per cent over the previous year. In terms of number of deals the decline was 51.72 per cent. "The year 2015 marked a period of buoyancy with a huge amount of funds flowing into the payments space. Invariably, high growth spikes are followed by periods of consolidation," Gaurav Roy Business Head VCCEdge News Corp ...
 "M&A activity in India's payment sector flourishing: VCCEdge")
Top Mergers & Acquisitions worldwide
Unilever has rejected a surprise $143-billion takeover bid from US food company Kraft Heinz
 "Top Mergers & Acquisitions worldwide")
