Page 3 - Mergers & Acquisitions
Private equity group Inspire Brands to buy Dunkin' in $11.3 billion deal
The deal is one of the largest transactions ever in a restaurant industry that's being upended by the pandemic.
 "Private equity group Inspire Brands to buy Dunkin' in $11.3 billion deal")
Nvidia nears deal to buy chip designer Arm for more than $40 bn: Report
(Reuters) - Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp <9984.T> for more than $40 billion (£31.26 billion) in a deal which would create a giant in the chip industry, according to two people familiar with the matter.
 "Nvidia nears deal to buy chip designer Arm for more than $40 bn: Report")
BP spending $1.1 billion to enter offshore wind market with Equinor
The British oil and gas company has set itself a target of increasing its renewable power generation capacity 20 fold over the coming decade to 50 gigawatts (GW)..
 "BP spending $1.1 billion to enter offshore wind market with Equinor")
Tata Power announces merger of three wholly-owned subsidiaries with itself
The company said the merger is part of a strategic initiative to simplify the group holding structure and a broader plan to set the company for future growth through fiscal consolidation
 "Tata Power announces merger of three wholly-owned subsidiaries with itself")
Wipro completes acquisition of Belgian firm 4C for 68 million euros
Wipro had said the acquisition would significantly strengthen its position as a leading provider of Salesforce solutions in various markets.
 "Wipro completes acquisition of Belgian firm 4C for 68 million euros")
CG Power acquisition likely to double revenues of Tube Investments
But turnaround could stretch its finances in short term
 "CG Power acquisition likely to double revenues of Tube Investments")
ITC acquires spice-maker Sunrise in all-cash deal for Rs 2,150 crore
With the transaction, the company has added a 70-year-old brand and a market leader in eastern India to its portfolio
 "ITC acquires spice-maker Sunrise in all-cash deal for Rs 2,150 crore")
Cash-rich Indian IT services companies go aggressive in M&A space
As capital allocation is altered, dividend payout to dip in the ongoing financial year
 "Cash-rich Indian IT services companies go aggressive in M&A space")
India Inc's deal activity at a 6-year low amid Covid-19 pandemic
Last year, India Inc sealed deals worth $88.88 billion in the January-July period, but this year the total transactions are $56.73 billion, fueled mainly by RIL-Jio deals
 "India Inc's deal activity at a 6-year low amid Covid-19 pandemic")
Pension funds, PE may invest in renewable projects, roads after lockdown
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
 "Pension funds, PE may invest in renewable projects, roads after lockdown")
In a locked-down world, investment bankers ensuring the show goes on
Billion-dollar deals aplenty for right business
 "In a locked-down world, investment bankers ensuring the show goes on")
Kurl-on looks at acquisitions, aims to become a home furnishings company
The company plans to achieve a turnover of Rs 1,500 crore by next year
 "Kurl-on looks at acquisitions, aims to become a home furnishings company")
Report predicts M&A deals worth $52 bn in India in 2019, 7% GDP growth
India M&A to remain stable despite a slowdown, says a report by Baker McKenzie.
 "Report predicts M&A deals worth $52 bn in India in 2019, 7% GDP growth")
Global economic uncertainties dampen India's M&A activity in August
the prevailing economic uncertainties resulted in August recording 36 per cent decline in terms of number of deals and 49 per cent fall in value terms
2018 best year for M&As as deal values rise 126% to $80 billion
The Walmart-Flipkart $16-billion deal topped the list
 "2018 best year for M&As as deal values rise 126% to $80 billion")
M&A sees highest quarterly deal value of $34.8 bn, 19% jump in Q2 CY18
The biggest deal during the second quarter of 2018 - Walmart's $16-billion acquisition of Flipkart - accounted for 46 per cent of the total disclosed deal value, according to EY India
 "M&A sees highest quarterly deal value of $34.8 bn, 19% jump in Q2 CY18")
M&A activity in India's payment sector flourishing: VCCEdge
Consolidation boom has gathered momentum in India's payment sector with 15 M&A deals worth USD 340.15 million signed in 2016-17, News Corp VCCEdge report said today. This year has seen a good start as well with three deals signed already. While one deal was worth USD 88 million, the value of other two was not disclosed. Key M&A deals in payments space include PayU Payments' acquisition of Citrus Payment Solutions for USD 130 million and E-Billing Solutions' acquisition of Techprocess Payment Services deal worth USD 88 million. In term of private equity (PE) investments, however, 2016 witnessed 14 deals worth USD 177.23 million, a decline of 60.36 per cent over the previous year. In terms of number of deals the decline was 51.72 per cent. "The year 2015 marked a period of buoyancy with a huge amount of funds flowing into the payments space. Invariably, high growth spikes are followed by periods of consolidation," Gaurav Roy Business Head VCCEdge News Corp ...
 "M&A activity in India's payment sector flourishing: VCCEdge")
Top Mergers & Acquisitions worldwide
Unilever has rejected a surprise $143-billion takeover bid from US food company Kraft Heinz
 "Top Mergers & Acquisitions worldwide")
