M&A Deals

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

November turned out to be the worst month for the deal street with 119 merger and acquisition transactions worth USD 2.2 billion, a fall of 40 per cent in volume and 37 per cent in value annually, a report said on Monday. This is in spite of the month seeing the highest number of IPOs (initial public offerings) in the year, and the fourth highest in the past 11 years, according to the data collated by Grant Thornton. With 21 per cent of M&A (Merger and Acquisitions) volumes, the startup sector continued to dominate the M&A deal activity, said the report, while PE (private equity) activity saw USD 1.4 billion worth of investments made across 100 deals (second-lowest monthly volumes), down 55 per cent in volume and 32 per cent in value. With just USD 2.2 billion across 119 deals, November was the worst month so far this year. This is a 40 per cent plunge in volume and a 37 per cent in value over November 2021. However, the month also saw the highest number of IPOs in the year, ..

The year has had 32 offerings with an issue size of $7.6 billion, according to Grant Thornton Bharat's Dealtracker

According to GT Bharat's monthly Dealtracker, the biggest deal in October was Torrent Pharma's $250 million acquisition of Curatio Healthcare

The startup funding activity declined to $2.7 billion in Q3CY22 from $6.6 billion in Q2CY22

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Despite the second wave of Covid-19 scuppering normal life, the deal street was busy in the first half of 2021, closing 44 per cent more deals worth USD 49.34 billion than in the same period in 2020 that was also ravaged by the first wave of the killer viral infections, shows an industry report. Mergers and acquisitions (M&As) were worth USD 34.3 billion in the same period in 2020. Deal volume grew 5 per cent to 730 from 693 a year ago, according to the latest data from Refinitiv, the LSE Group arm that is into financial markets data. Of the total, cross-border M&As amounted to USD 21.73 billion across 210 deals, up from USD 16.02 billion across 195 deals in the same period in 2020. Globally, quarterly M&As surpassed USD 1 trillion for fourth consecutive quarter, making it the strongest year-on-year percentage growth on record. Worldwide M&As totalled USD 2.8 trillion during the first half, up a record 132 per cent compared to the same period last year. This is the ...

Some buyers are insisting on a clause in the agreement that the whole deal hinges on physical verification at a later date with some part of payment kept in escrow

Bankers say sale of Lavasa Corp, currently under bankruptcy, and RCap and Reliance Naval deals will be delayed, as bidders are re-thinking plans

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Consumer, retail and food segment topped the charts in terms of both, deal volumes and value

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Gilead Sciences Inc is said to be nearing a deal to buy biopharmaceutical company Immunomedics Incfor more than $20 billion in a deal that would further expand Gilead's portfolio of cancer treatments

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

Thanks to investments in Jio, India accounts for more than 12 per cent of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998.