By now, consolidation in various industries is being zeroed in on as the driver of M&As in India. In the past calendar year, bettering the previous best of USD 67 billion (in 2007) the deal value in India rose to USD 72.4

As we write and speak of steel slowdown, protection measures for the steel industry and of consolidations, Mergers & Acquisitions to cut losses, the GOI has announced strategic divestment of 3 steel plants of the Maharatna PSU SAIL. The government has approved

In a latest development in the energy sector, Brookfield Asset Management, the world’s second biggest alternative assets manager, is in talks with lenders of debt-laden Jaiprakash Power Ventures to acquire the firm’s three power plants, two people with direct knowledge of the development said,

As concerns over deteriorating asset quality loom, lenders have begun approaching debt-recovery courts to recover a part of their estimated credit exposure of INR 173 billion to Mumbai-based Topworth. With this, India adds another to its bad loans count. As per a report

In the recent instance of selling distressed units, Monnet Ispat is up for grabs. A consortium led by State Bank of India (SBI), sources said, has taken over the debt-ridden company and is looking for a buyer as part of the strategic

Much has been said about the need for packages for reviving the manufacturing of iron and steel products businesses in the country. There are various reasons ascribed to the stress that one sees in this industry. Reasons vary from low priced imports

Transaction advisory firms had predicted M&A activities in 2017 to remain strong and positive owing to the continued interest of financial and strategic investors in the Indian economy. It was predicted that the focus on consolidation and fund raising will dominate the

M&A Activity will Increase in 2017 Having begun slow, 2016 became the year of mergers & acquisitions by the end. A latest E&Y report says, “2016 was a strong year for global M&A, with USD 3.5 trillion of deals announced. Cross-border M&A

In the past one year, UK based Liberty House Group has spent USD 629 million on buying industrial businesses which include Rio Tinto’s aluminium smelting plant in Scotland, Tubular Solutions in West Midlands, UK, and soon-to-be bought Tata Steel’s specialty steel unit

As per rating agency CRISIL, in power sector around 17,000 MW of operational power projects with a debt of INR 700 billion and additional 24,000 MW under-construction projects with a debt exposure of around INR 640 billion are at high risk. These