Korea M&A Corporation

According to PriceWaterhouseCoopers Financial Services M&A Going for growth in Asia June 2007 Survey, if 2005 saw M&A activity of $38.8 billion, in 2006 the same (including insurance) rose to a record 66 per cent to touch $64.5 billion. High cost of deals notwithstanding, M&A activity in Asia, specially in the financial services sector, is seen to take on an upward trajectory over the next five ..

MUMBAI: ICICI Bank will play a larger role in financing M&A deals for Indian companies looking abroad. This is, in fact, one of the reasons for the massive public issue just completed by the bank, according to Chanda Kochhar, deputy managing director, ICICI Bank. “With India Inc spending so much on global acquisitions, there is a need for banks like us to increase our balance sheet,” she said, s..

Welspun has acquired 85% of Christy, a leading towel brand in UK, which will provide Welspun a foothold in UK's premium home textile market and access to other premium retailers in USA and Europe. The acquisition will entail an initial cash flow of Rs 1000 mn, which will be funded 60% through debt and balance through internal accruals. We believe this acquisition is one of the few slated brand a..