Mergers And Acquisitions

Shell says not in discussion with rival oil firm BP for takeover: Report

The deal, if done, would have been the largest corporate deal this year, according to WSJ

Exclusive: OfBusiness to pick up stake in Bengaluru-based apparel exporter Indian Designs in fifth deal ahead of IPO

The deal, which is still in process, is expected to strengthen OfBusiness’s presence in the apparel manufacturing space ahead of its planned $1 billion IPO. The investment follows the company’s recent acquisition of Kerala-based Elixir Extracts.

Green Channel Route via CCI: Challenges in streamlining M&A approvals

The Green Channel route introduced to expedite M&A approvals has become less effective due to stricter interpretations and complex new rules. The CCI should reconsider changes to foster a more business-friendly and efficient regulatory environment for non-problematic transactions

Twist in mega $2 billion plus ATC India sale: Canada's Brookfield now lead suitor

Since launching operations in India in 2007, ATC India’s portfolio has expanded to approximately 75,000 towers. The firm has a national presence and services all major telecom service providers in the country

'Will continue to focus on control opportunities in Indian healthcare', says BPEA EQT's Ashish Agrawal

On July 22, Moneycontrol was the first to report that BPEA EQT had the edge over others in the race for Indira IVF.

JPMorgan expects another busy year for dealmakers in India

India — and its fast-growing economy — has emerged as a big bet for global financial firms, even though recent troubles at billionaire Gautam Adani’s business empire have dented the allure

Simplilearn buys US-based Fullstack to accelerate growth in North America

The acquisition of Fullstack will give Simplilearn access to over 20 university and government partnerships across the country

PhysicsWallah forays into publishing, govt job prep segments with 2 new buys

PhysicsWallah has acquired three companies since it became a unicorn in June this year. In August, the company had acquihired edtech startup FreeCo to enhance its existing services

Razorpay makes offline foray, acquires PoS player Ezetap

In its fifth acquisition in less than four years, Razorpay picks up an 80 percent stake in Ezetap Solutions Pte Ltd, the parent entity of Ezetap Solutions Pvt Ltd, which will see it go up against Pine Labs, MSwipe and BharatPe among others

JSW Energy arm to buy Mytrah Energy portfolio for Rs 10,530 crore

With this buying, JSW Energy's current operational generation capacity will go up by over 35 percent from 4,784 MW to 6,537 MW

India proposes antitrust scrutiny for M&A worth over $250 million

The proposal is part of a larger overhaul of India's competition law in a bill set to be introduced in parliament on Friday. Reuters reviewed a copy of the draft bill.

Govt seeks wider authority over global M&A with antitrust law

The government is also seeking to reduce the time limit for approval of mergers to 150 days from the existing 210 days to expedite the approval process, according to the draft bill.

Adani’s Nuvoco buy-out unlikely to pass CCI muster

Media reports had speculated that the conglomerate was planning to buy Nirma’s company

After HDFC mega merger, M&As in NBFC sector likely to rise, say experts

This is not the first time that there has been talk of consolidation in the NBFC sector. Lower-rated NBFCs have struggled accessing liquidity at cheaper rates since 2018 when the beleaguered IL&FS defaulted on debt repayments raising questions on their survival.

Despite a massive jump in M&As, IPOs, i-banking fees dip 10% to $438 million in H1

Mergers and acquisitions (M&As) reached a three-year high of $55.1 billion in the first half, up 37.4 per cent y-o-y in the first half, Of this, cross-border M&As amounted to $21.73 billion across 210 deals, up from $16.02 billion across 195 deals.

Can Wipro make the $1.45-billion acquisition of Capco tick?

Though Wipro’s past acquisitions have not really worked well, many feel that the story is different this time. One of the challenges with Wipro’s past acquisitions were flawed strategic alignment. That is not an issue now, says an analyst. Plus, the Bengaluru firm stands to gain a lot in the BFSI space.