Latest Mergers and Acquisitions in India 2023

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India has been witnessing an increase in mergers and acquisitions (M&A) activity in recent years, driven by various factors, including globalization, changing market dynamics, and increasing competition.

Here is a month-wise compilation of the mergers and acquisitions that took place in India in the year 2023. This comprehensive list provides an overview of the M&A landscape in India, including the companies involved, the deal sizes, and the sectors that were impacted. Keeping up with the latest M&A activity can provide valuable insights into industry trends and opportunities, and help businesses stay informed and competitive. Whether you’re a business owner, investor, or industry professional, this compilation is an essential resource for staying up-to-date on the latest developments in M&A in India.

Also Read, Loans and Grants Current Affairs 2023

What is Merger?

▪ A merger is a combination of two or more companies into a single entity.

▪ In a merger, two or more companies agree to combine their operations, assets, and liabilities to create a new, larger company.

▪ The merger is often described as a “merger of equals” because both companies typically have similar levels of influence over the newly created company.

▪ The new company has its own name, identity, and stock that is issued to the shareholders of the merging companies.

What is Acquisition?

▪ An acquisition is a process by which one company takes over another company, often by buying a controlling stake in the target company.

▪ In an acquisition, the acquiring company gains control of the target company’s assets, operations, and liabilities.

▪ The acquired company may continue to operate as a separate entity or be merged with the acquiring company. In an acquisition, the purchasing company typically has more influence over the newly combined company than the acquired company.

▪ In digest, a merger involves the combination of two or more companies to form a new entity, while an acquisition involves one company taking control of another company.

Latest Acquisitions in India 2023

▪ Here is a month-wise list of the latest Acquisitions in India 2023 in tabular format.

▪ How to read this table?
Acquiring Company:- The company (Acquiring Company) that acquired the steak of the second company (Acquired Company).

For Example Adani Group acquires a 27.26% stake of NDTV with a deal worth 600 crores.

Adani Group27.26%Stake held by NDTV600 crore

Latest Acquisition in India February 2023

Acquiring Company Stake % Acquired Company Amount
DSP Investment Manager 9.99% DCB Bank
Governmentof India 33% Vodafone 16133 crore
IndusInd International Holdings Ltd. (IIHL) 26% IndusInd Bank Ltd. Rs. 10,000 crore
Saudi Arabian Oil Company (Saudi Aramco) 100% VGP Holdings LLC
SALIC International Investment Corporation (SIIC) LT Foods Limited
BCP Asia II Topco II Pte. Ltd 100% R Systems International Limited
Softcell Technologies Global 9.95% HDFC Bank Rs 9.94 crore
Liberty Global 4.9% Vodafone Group Plc
Kotak Mahindra Bank Limited (KMBL) 100% Sonata Finance Pvt Ltd (SFPL) Rs. 537 crore
National Investment and Infrastructure Fund(NIIF) a 25% Hindustan Ports Private Limited (HPPL)

Latest Acquisition in India January 2023

Acquiring Company Stake % Acquired Company Amount
Adani Group 27.26% Stake held by NDTV 600 crore
SBI Mutual Funds 9.99% Equitas Small Finance Bank (SFB)
Paytm 3.1% Alibaba USD 125 million
Axis Bank Limited 7% Max Financial Services Limited ….
India Grid Trust (IndiGrid) 100% Khargone Transmission Limited Rs 1,497.5 crore
State Bank of India (SBI) 40% Canara Bank’s stake in Russian joint venture Commercial Indo Bank LLC (CIBL) Rs 114 crore

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