M & A Critique
By: M & A Critique- December 2016
- Price : 150.00
- Published on December 14, 2016
- M & A Critique
- Issues 113
- Language - English
- Published monthly
About this issue
Our cover article is on Balaji Telefilms internal restructuring to segregate their film production and film distribution businesses. The composite scheme is an attempt to go onto a next level in entertainment industry and create companies with focus on TV contents, digital contents and Films production. The scheme also is likely to allow management to claim tax break of carry forward losses efficiently. We covered an article on BOSCH group in 2011 over their strategy in India going ahead. Over the past 5 years nothing extraordinary has happened but the group keen focus on technology has positioned itself for buyback of shares and to consolidate its other group companies in India given its free cash flows. Indian Government has undertaken stake sales exercise in the past, but this year has been one of biggest one done by the government in 5 PSU companies. Buyback by the state-owned PSU which are cash rich are a good way for government to raise money and also for the companies to increase return on equity which can attract more investors. In the article we look at such transactions done in past six months. Endurance Technologies are the number one aluminum die casting company which caters to the automotive industries; mainly the two-wheeler industry. Company has had the opportunity of a public listing in the past but had not done so. The management nurtured and expanded the operation by foreign acquisitions by diluting equity to PE investors. Now by way of offer for sale it gave good returns to PE investors and the company got listed. The Indian Online Commerce industry is going through some trouble lately especially the online retailers with markdown valuation done multiple times over the last year. We see that consolidation of some of them is imminent to retain their market share and customers over the next few quarters. The music might be getting over for many of them and it seems acquisitions of some verticals will be the only way to keep the music going on. Alongwith our other regular articles M/s Rayala Corporation Pvt. Ltd. vs ACIT M/s Orient Blackswan Pvt. Ltd., Hyderabad Vs. ACIT RUIA’s Restructuring Way: Debt Wipe Off M&A Happenings - November 2016
About M & A Critique
Only Magazine in India which Updates you on M&A, Restructuring, JV and Funding Deals every Month!! Read: - Unique articles on our Expert Opinions of the Great Deals Happening Every Month! - Summary of all the deals happening in the current month - Case Laws relevant to M & A. Launched in India in 2001, M&A critique is the only magazine dedicated to give trusted insight in deals related to Mergers, Acquisitions, Restructuring, Takeovers, Insolvency, Joint Ventures, etc. Subscribe the magazine to get insights on Corporate Restructuring Deals as well as get updated on all the news, schemes and case studies on a monthly basis.