M&A Report 2022: India | IFLR
India's M&A market rebounded in 2021 with record deals, regulatory reforms, and increased foreign investment despite pandemic challenges.Summary
Despite pandemic and geopolitical challenges, India's M&A market surged in 2021, with over 80 deals exceeding $75 million each. Key drivers included government policies like the productivity-linked incentive scheme and ease-of-doing-business reforms. Notable transactions included Zomato's IPO, Amazon-Reliance-Future Group disputes, and Dewan Housing Finance's $5 billion acquisition. Regulatory changes under the Companies Act, FEMA, and SEBI streamlined compliance and foreign investments. ESG investments grew significantly, with renewable energy and tech sectors attracting attention. The article highlights trends in public and private M&A, including SPAC listings, cross-border insolvency frameworks, and evolving deal structures like earn-outs and warranty insurance. Future outlook anticipates continued growth in M&A activity, driven by investor-friendly reforms and sector-specific opportunities in technology, healthcare, and renewable energy. Legal experts from Trilegal provide insights on compliance, dispute resolution, and market dynamics.
(Source：Iflr)