The merger of Reliance Communications with Aircel adds to the list of industries witnessing significant consolidation. Other recent ones are Cement with buy-out of Jaiprakash Associates’ by Ultratech and a number of buy-outs in Power sector. Globally, the scenario is even more pronounced with deals in the range of $ 20-30 bn being a common occurrence. So what drives … Continue reading Consolidation in Industries – What drives it..??
The acquisition of Jaypee’s power unit by JSW Energy, the third for the company in recent past brings back focus on the sector. The sector also saw another big deal, namely Tata Power’s acquisition of Welspun’s renewable assets about a month back. Other than the domestic players, a number of foreign players are also participating in the … Continue reading Power Sector Consolidation – The Rationale..
The acquisition of Jaiprakash Associate’s Cement business by Ultratech is another important milestone for the Aditya Birla Group which has been consistently expanding its businesses across all segments. The group is among the few who have negotiated the business turbulence of last decade well and could be a textbook case of how ‘slow and steady’ … Continue reading Ultratech Jaypee deal – Lenders take all..!