From the category archives:

Mergers

mergers-acquisition

Would 2010 be the year of Acquisitions ? … Well, it is already turning out to be one as early as the first quarter of calendar year 2010. With the sight of recovery in the global markets after the period of two years of recessionary environment, the Indian corporate world is losing no time in [...]

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Would 2010 be the year of Acquisitions ?

by Arun Prabhudesai
acquisitions

Twenty Ten seem to have all the right ingredients in place to become the year of Acquisitions – and that too cross-border acquisitions. 2009 was comparatively a lackluster year in terms of M&A activity, understandably so, as the world economy was in doldrums.

2010 has already started with a bang, with news of M&A deals coming [...]

3 comments February 16, 2010 Continue Reading →

Finance Friday: Deal Radar, Acquisitions , Rate Hike

by Ankit Agarwal

Deal Radar: Finance Sector Seeing Consolidation, Aptech Expanding
The M&A scene has been a little dull off late but there are signs of it picking up albeit slowly.We covered the Bharti-Warid deal earlier which was a a comparatively big ticket deal.However, it is the finance sector that is seeing a lot of consolidation.There is increased M&A [...]

2 comments January 29, 2010 Continue Reading →

Amongst BRIC Nations, India second most targeted country for Mergers & Acquisitions

by Arun Prabhudesai
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After a subdued 2009, the M&A deals seem to be picking up steam in 2010. India had great 2007 and 2008 when it came to Mergers & Acquisitions, however, 2009 recession saw drastic fall in cross border M&A deals. Now according to report published by Dealogic, India has emerged as the second most targeted [...]

0 comments January 20, 2010 Continue Reading →

Bharti-MTN Deal Falls Off Yet Again, MTN Stock Plummets, Bharti Surges

by Arun Prabhudesai
bharti-MTN-Deal-Off

The deal was being touted as one of the biggest M&A deal in India lest it happened. Well rightly so ! Should the had gone through, it would have catapulted Bharti Airtel to become the third largest telecom services provider spanning 20 countries and 200 million subscribers globally.   But, the talks [...]

0 comments October 1, 2009 Continue Reading →

India Venture Capital & Private Equity Report

by Arun Prabhudesai
Privet Equity VC Funding

If you are a Early Stage Startup, your chances are of getting VC or Private Equity funding is very slim and numbers prove it – Only 9% of all the VC / PE deals have been for early stage companies between 2004 to 2008. This is especially true during the times of recession. Venture Capitalists [...]

28 comments September 26, 2009 Continue Reading →

Finance Friday: M&A Activity in India, Down but not out

by Arun Prabhudesai
mergers acquisitions

During the first half of 2009, Indian companies were involved in a total of 136 Mergers & Acquisition deals, down 54% from the same period in 2008, according to a study by Venture Intelligence . The deal activity was also down 28% compared to the second half of 2008. It is [...]

0 comments September 18, 2009 Continue Reading →

Finance Friday: India News Digest

by Arun Prabhudesai

Finance Friday is our weekly round up of buzzing stories relating to Finance and Indian Stock Market


Inflation dips to minus 1.54% , But Is the Food Getting Cheaper?

Inflation tumbled to (-) 1.54% for the week ended July 18, as compared to (-) 1.17% in the previous week, but food prices continued to rise.

The wholesale-price index based inflation remained negative for the seventh consecutive week. However, it is widely expected to rise in the coming months.

5 comments July 31, 2009 Continue Reading →

BSNL and Esssar are going on an African safari. What’s the real reason?

by Sriram Vadlamani
BSNL.jg

India’s African connection is growing strong. If Airtel-MTN deal has triggered the biggest M&A in India-Africa relationship, many new deals are bolstering the African connection.        BSNL, which now lags Airtel as the country’s top telecom company in both revenues and subscriber base, is looking for ways to turnaround. It is [...]

1 comment July 21, 2009 Continue Reading →

Corus and Ranbaxy – Acquisitions gone wrong?

by Sriram Vadlamani

These two acquisitions were the cynosure of all eyes in the past years. Is the world looking at these big-ticket acquisitions with the same respect? I doubt it.

Corus to me is the first thing that went wrong for Tata group. It paid a huge amount for acquiring and then you know some thing called a [...]

2 comments May 31, 2009 Continue Reading →

RIL-RPL are merging. Who will benefit?

by Sriram Vadlamani
RIL_logo

Who will benefit? definitely not Chevron. Chevron has a 5% stake in Reliance Petroleum Limited (RPL). It bought the stake 3 years ago for 60 rupees per share. If it doesn’t raise the stake now to 29%, it will get the same amount of money it invested. Not bad, given the wipe out every other [...]

6 comments February 28, 2009 Continue Reading →

Infosys identifies BCC, Ciber Novasoft for acquisition for SAP expertise

by Sriram Vadlamani
infosys-rediff

After losing out on Axon bid to HCL, Infosys is scouting for smaller SAP targets across Europe. It is linked to several potential targets, two targets has surfaced as the potentials. Ciber Novasoft and BCC both Europe based companies are the latest favorites.

Infosys backed out of Axon or rather did not go forward with the [...]

1 comment February 22, 2009 Continue Reading →

Tata Teleservices stake sale to DoCoMo and the future of Indian telecom

by Sriram Vadlamani
2005032100540101

Tata Teleservices has sold a stake of 26% to Japan’s NTT DoCoMo. The deal value is $2.7 bn. Tata Tele has 30 million CDMA subscribers and is rolling out its GSM services. Some say the deal is over-valued and some say its not easy to put value on the fastest growing mobile market in [...]

4 comments November 16, 2008 Continue Reading →

Unitech sells 60% stake to Telenor and makes profit without a subscriber

by Sriram Vadlamani
unitech_logo.gif

Unitech’s stock was available at at throw away price. People were choosing between Colgate paste and unitech stock. It has also complained to SEBI about a possible stock price manipulation. It’s subsidiary, Unitech Wireless has recently won a GSM license to operate in 22 circles. Unitech which took at a beating at the stock market [...]

2 comments October 29, 2008 Continue Reading →

Love is in the air…literally !

by Sriram Vadlamani
jet_airways_logo

jet_airways_logo Indian Aviation industry is seeing a lot of turbulence since last year. The airline industry has already seen $2bn losses. Crude at $140/barrel did not help their cause. Rising crude prices and falling domestic demand has been the two killers for the Kingfisher_airlines_logoindustry. Sensing that the scenario is not going to change any time soon, two of India’s largest airlines has said enough is enough and started making love. Kingfisher and Jet Airways has decided to share facilities to cut costs. It is not an exact Mergers or an Acquisitions. It is collaboration.

Pending some approvals these are the things they will be doing:

  1. Manage fuel expenses jointly
  2. Share some pilots
  3. Cross-selling of tickets
  4. Sharing training facilities
  5. Accepting each other’s frequent flier miles.
5 comments October 14, 2008 Continue Reading →
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