Introduction to M & A

Mergers and acquisitions (M&A) have emerged as an important tool for growth for Indian corporates in the last five years, with companies looking at acquiring companies not only in India but also abroad. Understanding the complexities of the various financing structure, including LBO financings, proper duediligence procedures & managing cross-cultural HR issues are crucial for the success of an M&A deal. This note highlights the M&A activity in the world and India. It also discusses the new Competition Act framed by the Competition Commission of India. This is followed by the outlook on the M&A activity in India.