The merger of five associate banks and newly created Bharatiya Mahila Bank with SBI will cost USD 250 million (around Rs 1,660 crore) and have limited impact on the lender's credit metrics, ratings agency Moody's Investors Se
Merger and acquisition activity in India is set to retain its momentum through this year, as deal pipeline remains healthy and is likely to increase further in the next 12 months, says a survey.
There were 47 M&A transactions worth USD 2.97 billion in November this year, witnessing a massive plunge of 58 per cent over the corresponding period last year, when deals worth USD 7.11 billion were announced.
Following its recent acquisition by Consort Medical, Aesica Pharmaceuticals, the global pharmaceutical contract development and manufacturing organisation (CDMO), has launched its new brand identity
The recent news of Marriott International being all set to acquire Starwood Hotels & Resorts Worldwide for US$ 12.2 billion, has led hospitality experts in India to speculate on its impact on the Indian hospitality industry
India-focused merger and acquisition deals during the January-September period reached USD 24.8 billion through 309 transactions, registering a jump of 10 per cent over the same period last year, says a report.
Thomas Cook India announced its acquisition of Luxe Asia, a Destination Management Company based in Sri Lanka, through its wholly owned subsidiary Thomas Cook Lanka
With many M&A deals coming under its intense scrutiny, fair trade watchdog CCI has said the road ahead would be more difficult for it in terms of quantity as well as complexity of transactions...