Page 2 - Deals

EaseMyTrip acquires intercity platform YoloBus for undisclosed amount

The acquisition includes the brand name of YoloBus, its technology, team, running business and data expertise

World's largest equity capital deals of 2021 have emerged out of Asia

Asian firms also accounted for most large issuances of convertible bonds

US fund TFCC buys 46% stake in Ramcharan Co for $4.14 billion

The investment will go into the target company's energy management systems and renewable energy devices with high storage capacity made from sodium silicate

Air India sale, Tatas' EV arm keep deal street busy with $9.2 bn fund flows

The Air India sale to the Tatas has helped the deal street sizzle in October which in total saw 221 deals worth USD 9.2 billion -- 24 per cent more than the money changed hands in the same month in 2020, according to an industry report. According to Grant Thornton dealtracker report on Monday, October was encouraging, both in terms of deal volume and deal value, indicating the continuum in deal activities. While volume jumped two times over October 2020, in value terms it grew 24 per cent. In October, 61 mergers and acquisitions worth USD 3.3 billion were announced of which as much as USD 2.4 billion were the Tatas paying the government for the national carrier Air India, and 160 private equity deals worth USD 5.9 billion, which was 62 per cent more than the year ago period, according to the data collated by the agency. With 61 deals, M&As were the highest since 2015, up 62 per cent in volumes and 25 per cent in value. The month also witnessed the birth of five new unicorns: ...

Deal street hits three-year high at $90.4 bn in first 9 months: Report

Deal making has shown considerable resilience this year, despite the challenges posed by the pandemic

Will invest in firms focused on make in India: True North's Ashish Bhargava

Bhargava says the firm had very few challenges in understanding businesses and investing during pandemic as young founders are comfortable having online discussion

Aurobindo Pharma's Rs 450-cr deal to acquire 51% in Cronus Pharma cancelled

Aurobindo Pharma Ltd on Friday said its Rs 450-crore deal to acquire 51 per cent stake in Cronus Pharma Specialities India Pvt Ltd (Cronus) has been cancelled

Deal activity in H1 2021 at $40.7 bn, down 14% over year-ago period

When compared with the second half of 2020, the $40.7 billion investments were a mere 2 per cent increase

Investment bankers get choosy as fundraise season reaches fever pitch

This is to avoid conflict of interest of competing firms

PNB Housing Fin says pricing for Rs 4,000 cr-deal in line with mkt practice

This comes amid concerns raised in certain quarters about its proposed deal with Carlyle group

Our deal pipeline at present is the best in last few years: Tech Mahindra

The company's MD & CEO C P Gurnani and president (BFSI, HLS and corporate development) Vivek Agarwal talk to Shivani Shinde on the business momentum and M&A pace

Thanks to Reliance, Deal Street grows 7% in value to $80 bn in 2020: Report

Despite the coronavirus pandemic and the resultant ravaging of the global economy, the Deal Street managed to grow 7 per cent in 2020 over 2019 to about USD 80 billion across 1,268 transactions, thanks to a string of big-ticket deals by Reliance, according to a report. More than a third of the total deal came through Reliance -- into Jio Platforms and Reliance Retail, according to the data collated by PwC India. While Reliance Jio attracted FDI worth USD 10.2 billion led by Facebook, Reliance Retail also got billions in foreign direct investment (FDI) in the second half. All other FDIs put together totalled just USD 3.2 billion. Merger and acquisitions (M&As) accounted for over 50 per cent of the total deal value this year, while private equity (PE) activity kept pace with last year, recording investments worth USD 38.2 billion, which is same as in 2019, says the report which said the numbers pertain to January 1 and December 7. Excluding the big-ticket deals in the telecom ...

Dunkin' Brands in talks to sell itself and go private, says report

The deal being discussed would take Dunkin' Brands private at a price of $106.50 a share, these people said

Best of BS Opinion: Deal activity in 2020, job slowdown, and more

Ways of selecting people for constitutional positions should be diversified

The year of deals

Initial trends in the new year will likely prove forecasters wrong on deal activity in 2020

Key deals last week: Quebec Deposit & Invest, Convergence Ventures and more

Quebec Deposit & Invest, Bessemer Venture Partners1,Convergence Ventures2, Infosys Innovation Fund, Eagle10 Ventures3

Deals in october hit record volumes

So far this month, companies have agreed to mergers and acquisitions valued at more than $251 billion, financial-information provider Dealogic said