Mergers and Acquisition during 2022
During the last year India witnessed giant acquisitions and mergers, which includes in various industries, cement, aviation, banking etc,. After 2018, It Breaks the record value of merger and acquisition deals, in 2021 it was 107 billion US dollar, but in 2022 increased to 42 percentage (total value 152 billion US dollar in 2022).
Some of the international deals are mentioned in below:-
Twitter by Ellen Musk:- Twitter is one of the micro level
blogging social media platform in the world. The deal was 44 billion US
dollar, the acquisition was done after
the long debates. The debates and discussions were in the news from the
beginning of the Year.
Air India & Tata:- Air India, was a nationalised aviation
company in India, but in January 27 2022, Tata Group takes over the 100% share
of Air India via Talace Private Limited (a fully owned subsidiary of Tata sons
Limited). Air India is going to merge with vistara (vistara is a joint venture
of Tata sons Limited & Singapore Airlines). It is one of the biggest merger
and acquisition in the aviation industry.
Zomato takeover of Blinkitt :- Zomato is Indian based food delivery
company acquired the company Blinkitt by 4447 crores rupees.
Adani and Ambuja Cement:- Gautam Adani is 3rd richest person in the world. After the NDTV takes over, Mr Gowtham Adani step into cement industry also. By 10.5 US billion dollar, he acquired major share of the Ambuja Cements which include ACC also, the subsidiary of Ambuja Cement. So he will be the second largest producer in the cement industry after UltraTech.
HDFC bank and HDFC limited:- the deal was for 40 billion US dollar,
it was one of the biggest to deal. The service of both entity will continue
separately.
The year 2022 recorded biggest deals of mergers and acquisition in
the corporate world.
Suhaib. P, Asst. Professor of Commerce, Al Shifa College of Arts and Science, Kezhattur, Perinthalmanna.
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