Professional Documents
Culture Documents
drive M&A
Transactions 2016
6,000
3,425
4,000
3,118
2,696
2,509
2,406
8,000
Infrastructure
2,000
0
Financial services
Pharmaceuticals
US$ million
32.1
27.2
25
28.4
800
29.4
26.3
700
600
20
2011
2012
2013
2014
2015
Number of deals
91
86
84
60
30
0
Financial
services
763
95
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industrial
products
30
835
90
Infrastructure
825
900
121
Retail and
consumer
products
870
35
120
Technology
930
150
1,000
Number of deals
US$ billion
40
Transactions 2016 |
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cumulative disclosed deal value of US$15.4 billion, representing
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US$13.2 billion in 2014.
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a cumulative disclosed deal value of US$10.2 billion
registering a marginal increase of 5% in volume from
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value from US$10.9 billion seen in 2014.
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the most active sectors for inbound M&A activity
in 2015.
2015
Value (US$
million)
Count
Value (US$
million)
Domestic
493
).$*(/
513
)($0.1
Inbound
259
)($0-.
*/*
10,150
Outbound
))0
2,361
145
-$*.0
Total
870
29,424
930
26,287
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By count
57%
2015
55%
30%
29%
13%
16%
By value
80
2014
8%
37%
55%
2015
20%
39%
41%
Inbound
Outbound
78
60
33
40
Domestic
16
United
States
Japan
United
Kingdom
Singapore
France
L`akka_fa[Yflaf[j]Yk]af\]YdnYdm][YfZ]YlljaZml]\
to a few big-ticket outbound transactions in the
pharmaceuticals and oil and gas sectors.
20
16
18
20
40
42
30
14
10
0
United
States
United
Kingdom
Germany
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BY_jYfHjYcYk`YfZjgm_`llg_]l`]jalklogjY\ag
businesses, Radio City and Radio Mantra, under
the name Music Broadcast to simplify its ownership
structure and consolidate its ad-sales revenues.
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Agro to Gujarat Apollo Industries and Apollo
Earthmovers.
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K]fnagflg;]fl]jZja\_]HYjlf]jkDH^gj)&(-Zaddagf
to reduce its debt burden.
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lgHNJ^gjAFJ-(([jgj]k MK/0&)eaddagf!$afdaf]
with its strategy to sell non-core assets to reduce its
debt burden.
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to INR165 crores, while shelving its earlier announced
fundraising plans. The company was expected to
utilize the funds as raised for acquisitions, which
it suspended citing high valuations of internet
companies.
20
16
424
452
448
6.2
5.5
2011
2012
2013
500
400
10.9
8
4
513
16.2
13.9
12
493
300
200
100
2014
2015
Number of deals
Oal`Yf]q]gfghlaearYlagfYf\]^[a]f[q$j]kljm[lmjaf_\]Ydk
e]j_]jkYf\klYc]'Ykk]lkljYfk^]jkoal`af_jgmh[gehYfa]k$
khaf%g^^kYf\k`Yj]j]hmj[`Yk]k!]e]j_]\YkYeYbgj\jan]j
of domestic M&A activity during the year. This trend was also
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;gf\]f[]:Yjge]l]j$o`]j]YdYj_]hjghgjlagfg^Af\aYf
respondents expressed cost optimization and operational
]^[a]f[qYkl`]hjae]^g[mk^gjl`]ajgj_YfarYlagfk&
Number of deals
Transactions 2016 |
L`][gfn]j_]f[]g^gfdaf]Yf\g^af][`Yff]dk[gflafm]\
in 2015 as the changing buying pattern of consumers
who now expect convenience, a much wider product range
and competitive prices as a norm is creating pressure
on traditional brick-and-mortar players to have an online
presence.
This, however, is also creating opportunity for retailers,
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opportunity to offer personalization. Consequently, we saw
traditional retailers continuing to venture into the online
space either through tie-ups with e-tailers, or through
acquisitions or the launch of their own online portals.
FglYZdq$Yka_fa[YflfmeZ]jg^l`]k]\]Ydko]j]]imalq
deals, since these were considered safe bets by acquirers
compared with all-cash deals. Equity deals divide the risk
of a failed transaction between the shareholders of the
acquirer and the target.
9[imakalagfg^D]lk_gegDYZkYf\EYjlegZaL][`fgdg_a]k
by Snapdeal to strengthen its mobile presence.
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in India, the majority of the acquisitions were domestic in
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of the industry. We expect a robust M&A scenario in the near
future, with deals aimed at gaining market share and achieving
top-line growth goals, consolidating vertical segments and
enriching offerings with new innovations, denying competitors
an edge. The e-commerce industry will get a further push from
government programs such as Digital India, wherein providing
high-speed internet and mobile connectivity across the country
and the modernization of India Post are listed as priorities on
the agenda.
Transactions 2016 |