Page 2 - M&a Deals

Carlyle Group to buy 20% stake in Piramal Pharma for over Rs 3,700 cr

US-based Carlyle Group Inc will pick up a 20% stake in Piramal Pharma for around $490 million (over Rs 3,700 crore), Piramal Enterprises said on Saturday

Facebook to Mubadala: Investors queue up for stake in Jio Platforms

Including investment by the Abu Dhabi fund, Reliance has now sold a combined 19% interest in Jio Platforms in six deals announced over as many weeks

Year in review: After record 2018, M&A activity plunges to $52 bn in 2019

Merger and acquisitions seem to have become a big casualty of corporates' debt distress as India Inc learnt it hard way in 2019 that their first priority was to meet their loan repayment obligations and suitors from abroad also seemed reluctant in wooing distressed targets for any matchmaking. This has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals. But, experts are hopeful that the scenario might change in the new year, provided the economy rebounds from its lows. The domestic deal-making activities were also hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the USChina trade war, which left many investors in a wait-and-watch mode. According to leading law firm Baker McKenzie, the total M&A tally for ...

With 72 deals worth $3.7 bn, PE investments register growth in Oct: Report

Private equity investments witnessed a robust yearly growth in October with 72 PE deals garnering around USD 3.7 billion, even as merger and acquisition activity saw a downtrend, a report said on Thursday. According to Grant Thornton's monthly PE Dealtracker, private equity/venture capital transactions reported 22 per cent and 25 per cent increase in deal volumes and values, respectively as compared to October 2018. The rise in PE deal values was largely driven by the corporate tax rate cut, which has improved both investor sentiment and confidence. Last month, the average deal size stood at USD 52 million, up from USD 28 million recorded in September 2019. "There were 72 deals aggregating to USD 3.7 billion reported in October 2019. Upbeat PE/VC activity during the month offsets the shortfall in merger and acquisition (M&A) activity," Pankaj Chopda, Director, Grant Thornton India LLP said. "The key investments were primarily to pare debt, expand markets and capitalise on ...

Merger and acquisition deals drop by 45% in value terms in October

M&A activity in October 2019 witnessed a decline compared to same month last year primarily due to low activity in the domestic deal trends

Despite global headwinds, India to see $52 bn worth of M&A deals in 2019

India M&A is expected to remain stable in the next few years

M&A activity remains sluggish in Q3 due to lack of big ticket deals

The value of 97 deals recorded in the quarter ended September was around $6 bn, as compared to $13.2 bn for 134 deals during the same period last year

M&As drop by 36% in value terms against backdrop of global uncertainties

Compared to the previous month (July 2019), August, 2019, witnessed a steep downturn in M&A activity with an over 5x fall in deal value

MCA may expand powers of regional directors for M&As of higher categories

Listed companies are, however, likely to be left out of the purview of regional directors along with unlisted public companies above a certain threshold

Indian M&A deals down 51% in CY19, after record H1 show in 2018: Refinitiv

Most of the deal making involving India was in the financial sector, which attracted $13.7 billion, up 7.2 per cent from a year ago and captured 33 per cent of overall deal value

M&A deals in India decline 16.9% to $25.8 billion in Q1, says report

Inbound M&A activity went up 17.2% from a year ago

India Inc's April M&A deal tally rises 8-fold to $19 bn: Report

India Inc's mergers and acquisitions (M&As) tally rose eight-fold to USD 19.1 billion with 40 transactions in April, making it the highest monthly deal value recorded after March 2017, says a report. According to Grant Thornton, relative easing of regulatory ecosystem and consolidation across sectors have significantly driven the deal activity in April this year, sealing deals (M&A and PE) worth USD 21 billion across 119 deals. "April saw deals worth USD 19.1 billion across 40 transactions, marking the highest monthly values recorded after USD 23.8 billion recorded in March 2017," said the report released today. There were 40 M&A deals in April this year worth USD 19,142 million, a 788 per cent jump in deal value, and 38 per cent rise in deal volume, it said. With this, the total M&A deal value stood at USD 37,672 million so far this year. The deal value grew exponentially compared to April 2017, driven by two billion-dollar deals and 10 deals valued at and above USD .

M&A deals down 9% to $54.7 bn in 2017, telecom, tech grab lion's share

Overall telecom deal value up 28.4x to $20.4 bn; count rises from three in 2016 to 11 in 2017

M&A deals jump over twofold to $35.8 billion in H1

India Inc's merger and acquisition transactions more than doubled in value terms to USD 35.84 billion, during the first half of 2017, says a report. As per tax and advisory firm Grant Thornton, value of M&A deals stood at USD 15.82 billion, during the first six months of 2016. During January-June 2017, a total of 198 M&A deals worth USD 35.84 billion took place. However, this deal volume is less compared to 260 transactions in the same period year-ago. "India Inc's M&A deals witnessed a whopping 127 per cent year-on-year increase in the deal value amounting to USD 35.8 billion in first half of 2017, in spite of volumes declining by 24 per cent driven by Vodafone-Idea merger estimated at USD 27 billion," the report said. "However in the absence of this mega merger, the values recorded 44 per cent dip compared to first 2016," it added. As per the report, outbound deal values decreased 3.9 times to USD 801 million in the first six months of the ...

Global M&A rises 8.9% as deals touch $678 bn in Jan-Mar: Mergermarket

In the corresponding period last year there were 4,326 deals worth $622.9 billion

M&A deals in payments sector pick up steam in 2016

Eleven deals took place in the sector during 2016 as compared to eight deals in 2015

Mid-market drives M&A activity in Asia-Pacific: Report

So far this year, mid-market deals make up 58% of Asia-Pacific deal volume and 22% of value

India Inc's January-September M&A deal tally hits its peak at $46 billion

July-September quarter alone witnessed 98 deals worth $27.7 billion, the highest quarterly value on record