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?
â–ª A merger is a combination of two or more companies into a single entity.
â–ª In a merger, two or more companies agree to combine their operations, assets, and liabilities to create a new, larger company.
â–ª The merger is often described as a “merger of equals” because both companies typically have similar levels of influence over the newly created company.
â–ª The new company has its own name, identity, and stock that is issued to the shareholders of the merging companies.
What is Acquisition?
â–ª An acquisition is a process by which one company takes over another company, often by buying a controlling stake in the target company.
â–ª In an acquisition, the acquiring company gains control of the target company’s assets, operations, and liabilities.
â–ª 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.
â–ª 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
â–ª Here is a month-wise list of the latest Acquisitions in India 2023 in tabular format.
â–ª How to read this table?
Acquiring Company:- The company (Acquiring Company) that acquired the steak of the second company (Acquired Company).
â–ª For Example Adani Group acquires a 27.26% stake of NDTV with a deal worth 600 crores.
| Adani Group | 27.26% | Stake held by NDTV | 600 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 |
