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Global M&A

India bucked slowdown to emerge as global M&A hotspot in 2022: Report

In the country's fourth straight year of a steady increase in strategic M&A, deal volumes hit record levels and deal value rose by 139% in 2022

Updated On: 31 Jan 2023 | 2:45 PM IST

DoorDash shares jump 17% on $8 billion deal, earnings beat

The all-stock deal is DoorDash's biggest purchase to date, eclipsing the acquisition of Caviar in 2019

Updated On: 10 Nov 2021 | 8:54 PM IST

PayPal shows ambition to be a 'super app' with Pinterest pursuit

Pinterest is a visual search and scrapbooking platform that lets users save, collect and group images by theme

Updated On: 21 Oct 2021 | 2:59 PM IST

Global M&A volumes hit new record in 2021, overtaking last year's haul

(Reuters) - Global merger and acquisition (M&A) activity has breached new highs, building on the record-breaking dealmaking streak from the beginning of the year that has been aided by low interest rates and soaring stock prices.

Updated On: 12 Aug 2021 | 10:21 PM IST

AT&T to create a streaming giant with Discovery by merging media assets

Discovery shares jumped 16% in premarket trading. AT&T shares rose 1.4%.

Updated On: 17 May 2021 | 3:43 PM IST

Toshiba must seek suitors, another big shareholder says, after CVC's offer

The comments are from 3D Investment Partners, which owns a 7.2% stake in Toshiba

Updated On: 26 Apr 2021 | 3:08 PM IST

Nestle confirms discussions to acquire vitamin maker Bountiful

There were reports the firm was close to a deal in the mid-single digit billions

Updated On: 26 Apr 2021 | 2:13 PM IST

Toshiba decides against $20 bn CVC proposal, says open to 'credible' offers

CVC's proposal had sparked a strong backlash from Toshiba managers

Updated On: 20 Apr 2021 | 7:29 PM IST

Toshiba board planned to oust CEO before $20 billion buyout offer: report

Toshiba said on Wednesday that Kurumatani was stepping down. It said he was doing so to "recharge" and after achieving his plan to revive the conglomerate

Updated On: 14 Apr 2021 | 2:42 PM IST

Toshiba activist investor Oasis unimpressed by CVC's $20 billion offer

U.S. hedge fund Farallon Capital Management has also asked Toshiba to seek multiple offers, but Oasis is the first to present what it considers a fair price.

Updated On: 13 Apr 2021 | 4:26 PM IST

General Electric, AerCap join air leasing businesses in $30 billion deal

General Electric is combing its aircraft leasing business with Ireland's AerCap Holdings

Updated On: 10 Mar 2021 | 6:57 PM IST

Panasonic to buy Blue Yonder for $6.5 bn in biggest deal since 2011: Report

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

Updated On: 08 Mar 2021 | 4:25 PM IST

Inbound mergers and acquisitions fall 7% to $73.6 billion in 2020: Report

Despite Reliance Group closing a slew of equity divestments in its telecom and retail arms to the tune of USD 23 billion in 2020, the overall inbound M&As failed to notch up the 2019 tally with the value falling 7 per cent to USD 73.6 billion last year, according to a report. Last year, outbound M&As touched USD 4.4 billion, up 58.4 per cent compared to 2019 and over 80 per cent of the money landed in US assets, according to a tally of Mergers & Acquisitions (M&As) by global financial markets data provider Refinitiv. Overall inbound deals faltered due to the pandemic, pulling down the deal value by 7 per cent and down 11.5 per cent in volume over 2019. With USD 73.6 billion worth inbound deals, M&A value last year was way below the all-time high it scaled in 2018 at USD 132.2 billion and up from 2017 when it was at a low USD 58.3 billion, according to Elaine Tan, a senior analyst at Refinitiv. The numbers would have been much lower had it not been for the litany of

Updated On: 05 Jan 2021 | 10:39 PM IST

Indonesia's Gojek, Tokopedia in advanced $18 billion merger talks: Report

Gojek is now a one-stop shop for a multitude of services whereas Tokopedia is a marketplace which, unlike rivals such as Bukalapak, does not hold its own inventory

Updated On: 05 Jan 2021 | 3:07 PM IST

Delivery Hero to sell South Korean unit for $4 billion Woowa deal approval

The sale clears a major hurdle for Delivery Hero in gaining the dominant position in the world's third-largest online food delivery market

Updated On: 28 Dec 2020 | 4:01 PM IST

Tata Communications acquires 58.1% stake in eSIM company Oasis

Tata Communications has acquired a controlling stake in France-based eSIM company Oasis Smart SIM Europe SAS (Oasis)

Updated On: 23 Dec 2020 | 6:45 PM IST

Blackstone in talks to merge Alight with blank-check acquisition firm

The merger with Foley Trasimene Acquisition Corp would result in Alight becoming a publicly-listed company at a valuation of more than $8 billion, including debt

Updated On: 19 Dec 2020 | 7:17 PM IST

Toscafund to buy UK broadband firm TalkTalk in $1.5 billion deal

The buyers said TalkTalk would be able to access more debt and equity options as a private company and would not face the regulatory burdens of being listed

Updated On: 17 Dec 2020 | 5:49 PM IST

Big Tech to shop for Covid-hit competitors in next 5 years: Report

The economic shock is poised to result in a wave of mergers and acquisitions

Updated On: 14 Dec 2020 | 5:01 PM IST

Electronic Arts outbids Take-Two with $1.2 billion deal for Codemasters

EA, maker of The Sims, Need for Speed and FIFA, said it expects the deal to grow net bookings and underlying profitability

Updated On: 14 Dec 2020 | 3:54 PM IST