Mergers And Acquisitions

RBI's nod for banks' M&A funding may force tweak to sensitive sector norms

Bankers say that given the substantial exposures banks will have to take for M&A financing, the current ceiling for banks' exposure to the sensitive sectors is likely to be a hurdle

India's financial sector sees $8 billion in deals, M&As jump 127% in 2025

In May, Japan's Sumitomo Mitsui Banking Corporation (SMBC) agreed to acquire a 20 per cent stake in Yes Bank for $1.6 billion

Poly Medicure to fully acquire Citieffe Group at value of ₹324 cr

Medical device maker Poly Medicure Ltd on Wednesday said it will fully acquire Italy-based Citieffe Group at an enterprise value of Rs 324 crore (EUR 31 million). The company has signed a definitive agreement to acquire 100 per cent stake in Medistream SA (Group) consisting of Citieffe SRL and its step-down subsidiaries in USA & Mexico, the company said in a statement. Citieffe is an Italy-based manufacturer specialising in the orthopaedic trauma and extremities segment with a direct presence in Italy, USA, and Mexico, and distribution across over 25 countries, it added. This acquisition provides Poly Medicure with an entry point into the large global orthopaedics market, particularly in the trauma and extremities segment, which is the fastest growing and most resilient category within orthopaedics, the company said. "This acquisition marks another step in our journey to become a comprehensive healthcare solutions provider. Citieffe's strong R&D capabilities and diverse trauma

LNJ Bhilwara acquires Statkraft's 49% stake to fully own Malana Power

LNJ Bhilwara Group has acquired Statkraft's 49 per cent stake in Malana Power, giving Bhilwara Energy complete ownership of two hydropower plants in Himachal Pradesh

Driven by record M&A volumes, India deal activity hit $15.9 bn in August

M&A deals in India during the month were led by Schneider Electric and Tata Motors' cross-border acquisitions, pushing M&A volumes to record, while PE activity moderated in value

Inbrew, Tilaknagar scout private debt raise in race to buy Imperial Blue

The companies are looking to raise around $500 million each and have reached out to private credit funds to back their acquisition

AIonOS acquires majority stake in Salesforce partner Cloud Analogy

AIonOS's acquisition of Salesforce Summit Partner Cloud Analogy aims to integrate generative AI with CRM tools, expanding its customer experience capabilities

Hindalco to acquire AluChem for $125 mn to grow speciality alumina reach

The acquisition will boost Hindalco's North American presence and global alumina capacity as it eyes 1 million tonnes by FY30 through innovation and sustainability

Diageo India to acquire majority stake in NAO Spirits for ₹130 cr

United Spirits will acquire a controlling stake in NAO Spirits, including popular gin brands Greater Than and Hapusa, marking a strategic expansion into Indian craft spirits

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Metropolis Healthcare to acquire DAPIC for ₹35 crore in all-cash deal

Under the agreement, Metropolis' wholly-owned subsidiary Metropolis Histoxpert Digital Services Pvt Ltd will acquire 100 per cent ownership of DAPIC

MCA proposes wider scope for fast track M&As under present rules

MCA has proposed that unlisted cos which have reasonable debt exposure of less than Rs 50 cr and have not defaulted on repayment can go through the fast track mechanism under Sec 233 of Companies Act

Corporate affairs ministry proposes changes to fast-track mergers

The Union corporate affairs ministry has proposed amendments to rules in relation to fast-track mergers as part of larger efforts to improve the ease of doing business. Section 233 of the Companies Act, 2013, provides for mergers or amalgamation of certain companies (fast-track mergers) through approval of the central government. The ministry has delegated the powers to regional directors in this regard. The ministry has sought public comments till May 5 on the proposed amendments in the rules to widen the scope of fast-track mergers under the Act, according to a release on Saturday. In her Union Budget speech on February 1, Finance Minister Nirmala Sitharaman had said the government would rationalise the requirements and procedures for speedy approval for mergers of companies and the scope for fast-track mergers would be widened. "Requirements and procedures for speedy approval of company mergers will be rationalised. The scope for fast-track mergers will also be widened and the .

M&A 2.0: Can a new mergers playbook simplify the dealmaking process?

The existing rulebook is strewn with regulatory roadblocks, making mergers and acquisitions, especially for smaller companies and listed entities a burdensome process

India's M&A market expected to stay resilient despite market correction

Industry leaders feel that bear markets present great opportunities for buyers who look beyond short-term uncertainties

MCA looks to simplify M&A rules, seeks inputs from other ministries

"We are in the process of doing a stakeholder discussion. Currently, the talks are being held with other ministries. We will finalise our proposal thereafter," a MCA senior official said

Adani Wilmar announces acquisition of Tops parent GD Foods in phased deal

FMCG firm Adani Wilmar Ltd on Tuesday announced the acquisition of GD Foods Manufacturing, which sells food products under the Tops brand. Adani Wilmar sells edible oils and other food products under the Fortune brand. In a regulatory filing, the company informed that it has signed a definitive agreement to acquire G D Foods Manufacturing (India) Private Limited. The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche and the remaining 20 per cent over the next three years. In FY24, GD Foods achieved a revenue of Rs 386 crore, growing at a three-year CAGR of 15 per cent, and recorded an EBITDA of Rs 32 crore. Adani Wilmar said this acquisition offers a strategic advantage by expanding its portfolio with a broad range of value-added food products. Founded in 1984, GD Foods' owned brand "Tops" has built a strong reputation as a household brand in North India over the last 40 years, offering high-quality products in .

Nissan-Honda merger on the brink as growing disagreements threaten deal

Nissan's board is set to review its merger talks with Honda amid rising disagreements, putting the potential tie-up in jeopardy as both automakers struggle to find common ground

Budget curtails carry-forward losses for mergers and acquisitions

For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss)

Getty Images to buy Shutterstock to create $3.7 bn visual content company

Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence. The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery, video, music, 3D and other media. With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together," Getty Images CEO Craig Peters said in a prepared statement. Peters will serve as CEO of the combined business. We are excited by the opportunities we see to expand our creative content library and enhance our product offering to meet diverse customer needs, Shutterstock CEO Paul Hennessy said. Getty Images shareholders will own about 54.7% of the combined company at closing and Shutterstock stockholders will own approximatel