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mnacritique

Centre merges Bank of Baroda, Dena Bank and Vijaya Bank | M&A Critique - 0 views

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    The government has decided to merger three banks - Bank of Baroda, Dena Bank and Vijaya Bank -- to reduce the amount of capital it needs to put into these banks and help clean their balance sheets.
mnacritique

Indian companies look at South East Asia for M&As - 0 views

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    Indian companies are increasingly looking at South East Asian countries for business and mergers and acquisitions (M&As) because there is a good strategic and cultural fit with companies in the region. M&As deals grew from $8.1 billion in 2016 to $14.9 billion in 2018.
mnacritique

Hitting four birds with one Bullet: Bandhan Bank and Gruh Finance merge | M&A Critique - 0 views

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    Bandhan Bank has acquired HDFC Ltd-promoted Gruh Finance in an all-share deal. The merger will create one of the largest rural and semi-urban lending platforms in the country.
mnacritique

FINANCE BILL 2018 AMENDMENTS RELATED TO CORPORATE RESTRUCTURING | M&A Critique - 0 views

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    Our honourable Finance Minister presented the budget for 2018 on 1st Feb 2018. We have listed some noteworthy amendments which has an effect on corporate restructuring viz. mergers, amalgamations, demergers and acquisitions.
mnacritique

Implications of Appointed Date in the Scheme of Merger | M&A Critique - 0 views

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    Section 232(6) of the Companies Act, 2013 states that the appointed date with respect to a scheme of merger and amalgamation means the date from which the scheme becomes effective.
mnacritique

Airtel: Creating Numero Uno position in VSAT Business | M&A Critique - 0 views

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    With high competition in the VSAT business and in the Telecom Business, Bharti Airtel announced that it will combine their VSAT operations with Hughes Communications India creating a leader in satellite communication. The merger should bring in efficiencies in scale and operations.
mnacritique

Phoenix Mills Limited merges its subsidiary company | M&A Critique - 0 views

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    Phoenix Mills Limited (PML) has announced a scheme of amalgamation of its subsidiary company, Phoenix Hospitality Company Private Limited (PHCPL) with itself and the merger was approved by the respective boards.
mnacritique

Powerhouse in the making: RIL merges media content and distribution with Network18 | M&A Critique - 0 views

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    Reliance Industries arm of media and broadcasting has been on a merger spree since last 4-5 years. Restructuring its media, tv, broadband and cable business held by different acquisitions namely Network18, TV18, DEN Networks and Hathway Cable in 2 steps.
Rniks S

Latest Business Deals - 0 views

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    Read about latest business deals in India. Reuters India offers latest news updates of businesses, companies, business deals, mergers, new launches and more on Reuter India.
Alex Parker

MabVax Therapeutics and Telik sign definitive merger agreement - 1 views

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    MabVax Therapeutics and Telik sign definitive merger agreement
anonymous

Four Spanish Banks Announce Merger - 0 views

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    Four Spanish savings banks announced Monday they would merge a part of their operations to form the country's fifth largest lender, amid concern over the solidity of the country's savings banks.
polymerupdate

Chlor alkali and vinyl assets merger of Dow and Olin creates a "win win" situation. - 0 views

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    The recent merger of chlor-alkali and vinyl assets from The Dow Chemical Company and Olin Corporation, is a "win-win" deal with strategic benefits for both partners, says IHS.
shubham1545

Saavn rebrands as JioSaavn, offers free 90-days Pro access - 0 views

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    Amid reports of Spotify making a debut in India, JioMusic and Saavn have started gearing up, completing the merger they had announced in March. As part of this move, Saavn's iOS app has been rebranded to JioSaavn and the app is offering 90 days of free JioSaavn Pro access to all Jio users.
mnacritique

Excel Crop Care merger with Sumitomo Chemical India will be like house of fire! | M&A Critique - 0 views

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    The rationale for creating huge paid-up capital of ₹499.14 crores of the merged entity having turnover of  ₹ 2086 crores and PAT under ₹150 crores is not clear except that Sumitomo does not want legacy of Excel as the continuing company.
mnacritique

Scheme Rejected - Gabs Investments and Ajanta Pharma Merger | M&A Critique - 0 views

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    NCLT rejected the scheme of amalgamation of Gabs Investments and Ajanta Pharma on grounds on GAAR.
mnacritique

GSK giving a boost to HUL in an all equity merger! | M&A Critique - 0 views

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    Hindustan Unilever outruns Nestle and bags GSK's nutrition business. GSK consumer' lead brand Horlicks will be acquired by Unilever i.e. the parent company of HUL
mnacritique

INDIA MERGER UPDATES OF BAYER AND MONSANTO | M&A Critique - 0 views

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    The Board of Directors of Bayer CropScience Limited and Monsanto India Limited, at its Meeting held inter alia, has considered the amalgamation of Monsanto India Limited with Bayer CropScience Limited.
mnacritique

Motilal Oswal Financial Services makes core areas stronger | M&A Critique - 0 views

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    The Board of Directors of Motilal Oswal Financial Services Ltd (MOFSL) have approved the Draft Scheme of Amalgamation for merger of Motilal Oswal Securities Ltd (MOSL) with MOFSL and have also approved the slump sale of its existing lending business to its wholly owned subsidiary, which is in the process of being incorporated.
mnacritique

Factors considered by CCI to accept or reject a Merger / Acquisition | M&A Critique - 0 views

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    CCI's forming of prima facie opinion that combination causing or likely to cause an appreciable adverse effect on the competition is the deciding factor for CCI to invite public comments on the proposed combination. In this regard, CCI's analysis to form the prima facie opinion is a matter of consideration.
mnacritique

List and divest: Centre's idea behind merger of three general insurers | M&A Critique - 0 views

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    Finance minister Arun Jaitley in this year's budget announced a plan to merge three insurers - National Insurance, United India Insurance and Oriental Insurance. The other company New India Assurance, which is the largest state-owned general insurance company in the country, will remain as it is as it is already listed in the bourses.
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