The Bandhan-Gruh Finance merger deal has allowed HDFC an exit at a really attractive valuation. A stake in Bandhan Bank, in return, is simply a cherry on top
5 min read9 Jan 2019That Bandhan Bank is paying top dollar for Gruh Finance has to do with the latter's parentage: HDFC owns 57.8% of the company
2 min read8 Jan 2019The Bandhan-Gruh merger will result in HDFC's shareholding falling to around 15.44% in Gruh Finance and Bandhan Financial's shareholding will come down to around 60.27% in its bank
4 min read9 Jan 2019The merger plans underscore Bristol-Myers and Celgene's efforts to diversify in the field of cancer treatments, with investors in recent months questioning their growth prospects
2 min read3 Jan 2019Dena Bank, Vijaya Bank and Bank of Baroda (BoB) have lost nearly $1 billion in market valuation since their bank merger was announced in September
3 min read4 Jan 2019The share swap ratio set for the merger of Dena Bank, Vijaya Bank and Bank of Baroda (BoB) confirm that the rescue mission for the weakest bank will leave everyone a loser
2 min read3 Jan 2019The share swap ratio set by Bank of Baroda (BoB) will hurt Dena Bank investors the most as they stand to lose 4.80 per share, followed by Vijaya Bank shareholders who will lose 3 per share
3 min read3 Jan 2019With the HUL-GSK merger, Unilever avoids the rigmarole of an open offer for GSK Consumer Healthcare's shareholders, and the possibility of having two listed subsidiaries in India
2 min read4 Dec 2018Hindustan Unilever may get to mitigate its tax outgo in subsequent years, given that part of the deal value will be on the goodwill GSK Consumer Healthcare brings to its books
1 min read4 Dec 2018An all-stock offer with a share swap ratio of 4.39:1 set apart Hindustan Unilever's bid for GSK Consumer Healthcare from those made by Nestle, Coca-Cola and ITC
4 min read4 Dec 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared