The authors have studied total 51 demergers of companies listed in India and tried to establish that demergers results into abnormal returns for the shareholders of the parent company. Using event study methodology the authors have analyzed the security price performance of the announcement day ...
merging company, financial status and market share of the company, and so on. In India, the main and most important laws concerned with merger and acquisitions are - the New Companies Act, 2013; the competition act, 2002; the income tax act, 1961; FEMA, 1999; and the SEBI act of 1992...
Disney has taken another big step toward realigning its India strategy. The company has signed a non-binding term sheet with Reliance Industries that would see the two merge their Indian operations, the completion of which would create one of India’s biggest entertainment empires. The news was ...
Besides price run-ups, it is also common to see unusually high levels of share trading volume before public announcement of merger. Daily trading volume pattern of the target companies is also investigated. The analysis carried out in this study is based on a sample of 42 companies for which...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook demerger Financial Wikipedia demerger (diːˈmɜːdʒə) n (Industrial Relations & HR Terms) the separation of two or more companies which have previously been merged ...
The proposed merger of the three government-owned general insurance companies--National Insurance, United India Insurance and Oriental Insurance--is likely to be completed by early next year.
The deal was first proposed in 2021 and formalized in December that year, ahead of a process of regulatory and other approvals. The timeframe set by the two companies for completion of the deal expired on Dec. 21, 2023, butwas extended by a month. ...
This paper aims to study the impact of merger & acquisition activity on post merger financial performance (absolute & relative) of companies engaged in the non-financial sector of Pakistan. There are total 16 companies selected which wer... K Ashfaq,M Usman,Z Hanif,... - 《International Jour...
“Over time, the synergies between HDFC Bank and other group companies will only deepen,” he said adding he was confident there were no “insurmountable challenges.” — CNBC’s Naman Tandon contributed to this report.
the Securities and Exchange Board of India Act 1992 (for listed companies); and the Telecom Regulatory Authority of India Act 1997 (for the telecom sector). 1.5 Is there any other relevant legislation for mergers which might not be in the national interest?