A merger is the voluntary fusion of two companies on broadly equal terms into one new legal entity. The firms that agree to merge are roughly equal in terms of size, customers, and scale of ...
The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loan book exceeding Rs 11 lakh crore. Here's a look at the ...
The boards of both companies approved the merger scheme under Sections 230–232 and other applicable provisions of the Companies Act, 2013.  In a major consolidation move in India’s power financing ...
Merger arbitrage is an investing strategy used by hedge funds to make money from corporate mergers. This strategy involves buying the stock of a takeover target while accounting for the risk that ...