Since June 1, 2015, around 146 M&A deals were announced
aggregating to approx. $4,216 million; dominated by domestic deals
(97 deals) followed by cross border deals (49 deals). In terms of
sectors, Industrials saw the maximum deal value with deals worth
around $1,020 million, followed by Materials with $770 million.
For the same period, around 268 PE deals were announced valuing
to approx. $3,834 million; dominated by Angel / Seed funding deals
(128 deals) followed by Venture Capital funding deals (95 deals).
In terms of sectors, Consumer Discretionary witnessed the maximum
deal value worth $1,287 million followed by Financials with $760
million.
Deals Closed
No.
Target Company
Acquiring Company(ies) / Fund(s)
Deal Value(in mn USD)
Deal Highlights
1
OneWeb Ltd.
Bharti Enterprises Ltd., Qualcomm Inc., Qualcomm Inc., Airbus
S.A.S., Airbus S.A.S., Virgin Group, Hughes Network Systems LLC,
Coca Cola Company, Intelsat S. A., Grupo Salinas
500.00
OneWeb Ltd., the UK-based company is engaged in building a
communication network with an initial constellation of 648
low-earth orbit satellites that provide connectivity.
It has a patented mobile terminal which helps during
connectivity challenges and sudden infrastructure crisis.
The company also provides in flight connectivity to business
jet, commercial airlines and military aviation.
The investment by Bharti Enterprises' telecommunication arm
Bharti Airtel will make it a preferred distributor of the service
in India, Bangladesh, Sri Lanka and Africa, with a strong focus on
rural markets.
It would act as an additional network connector in areas where
the regular telecom tower is either not operational or down.
2
Valcambi S A
Rajesh Exports Limited
400.00
Valcambi's services include transportation, reception,
assaying, refining, manufacturing, financing and storage.
It was an all-cash transaction
This acquisition will add significantly to the revenues and
profitability of the REL group in the coming years which will help
expand the Global jewelry business.
Post the transaction, Valcambi S A operates as a subsidiary of
Rajesh Exports Ltd.
3
SmartPlay Technologies India Pvt. Ltd.
Aricent Inc.
172.34
Design services firm Aricent Inc. have acquired Bengaluru
– India based semiconductor services firm SmartPlay
Technologies India Pvt. Ltd.
SmartPlay has presence in India, Germany, Singapore and the
USA.
The acquisition will expand Aricent's 10,000-strong
engineering team, which caters to nine core industries including
telecommunications, networking, consumer electronics, industrial
automation, semiconductor, automotive, internet services, consumer
and enterprise software and media and entertainment.
4
Prism TV Pvt. Ltd.
Nickelodeon Asia Holdings Pvt. Ltd.
153.00
Prism TV Pvt. Ltd. is engaged in providing channel
broadcasting.
It currently operates Colors Bangla, Colors
Marathi, Colors Kannada, Colors Odia and Colors
Gujarati.
The company was incorporated in 2008 and is based in Hyderabad,
Andhra Pradesh.
The deal gives Nickelodeon Asia Holdings a significant presence
in the fast growing regional TV sector in India, where almost 60%
of the 1.2 billion people speak regional dialects as their first
language.
5
Ind-Barath Energy Utkal Ltd.
Macquarie Infrastructure and Real Assets
122.04
Ind-Barath Energy Utkal Ltd. is engaged in the business of
generation, transmission, distribution and supplying of electric
power.
Macquarie Infrastructure & Real Assets (MIRA) has invested
$122.04 million in its Ind-Bharath Energy Utkal Ltd unit.
The deal has helped 3i Capital and PTC Financial Services exit
the Company and raised money to develop a 700 MW thermal project in
Orissa.
The company, as per the agreement, will sell 500 MW power out
of the 700 MW to Tamil Nadu at Rs 4.91 per unit with a clause of
passing higher fuel cost to customers, while the rest of the 200 MW
will be available for merchant power business.
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