With the dawn of 2017, the reform agenda of the Government of India continued. The Goods and Service Tax, the Real Estate Regulatory Authority along with the judicial norms on the various aspects has redefined the policy of liquidation in India. The year 2017 was mounted with a lot of mergers and acquisition projects.

Some of the famous merger and acquisitions that took place in 2018 are – Rosneft PJSC of Russia agreed to acquire Essar Oil Ltd., Flipkart acquired the Indian Army of EBay, Ola took over Foodpanda, and many more. Let’s check each of them into details.

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Vodafone – Idea Merger

Two of the world’s most famous wireless carriers, Vodafone India and Idea Cellular are planning to merge together. This joint venture will give rise to an entity. This entity will be equally owned by the Vodafone Group of UK and the Aditya Birla Group of India. The deal size amounts to USD 23 billion. Already, the CCI has approved this joint venture. The whole process is sure to be completed by 2018. We can hope to get one f the largest telecom operators in India very soon.

Vodafone – Hutchinson Essar Merger

After the purchase of the controlling stake of Hutchinson Essar, Vodafone has entered into the Indian market in 2007. In this deal, Vodafone holds a share of 52%. This amounts to somewhat USD 10.9 billion. In fact, it is considered as the largest deal in this sector. In order to enter into the marker rapidly and reach to the peak, Vodafone joined hands with Hutchinson.

Ranbaxy – Daiichi Sankyo Merger

In 2008, Daiichi purchased 32.82% of the stake from the Singh Brother’s in a cash of USD 2.4 billion. The total deal amounted to 4.6 billion. Sadly, soon after the acquisition, problems took place. The plants o Ranbaxy came under the steady notice of the US Food and Drugs Administration (FDA).

Snapdeal – Freecharge Merger

The startup e-commerce platform Snapdeal took over the mobile recharge servicing company Freecharge on 2015 April. The deal was meted at a cash offering of USD 400 million, thereby making it one of the high valued acquisitions in the whole history of internet medium.

During the working of the deal, Snapdeal took up their funding to USD 1.1 billion. On the other hand, Freecharge had a funding of USD 120 million. Still then, Freecharge continued to operate as a single entity. Right then, the Snapdeal acquired it. However, both worked on their individual terms without interfering into each other’s business. Back then, Snapdeal was given the freedom to enlarge its digital ecommerce ecosystem. When things began to worsen, finally Snapdeal decided to sell out Freecharge to Axis Bank in exchange of USD 60 million.

Flipkart – Myntra Merger

After noticing for few months, another largest ecommerce platform, the Flipkart, acquired its fashion rival Myntra in 2014 May. This move of Flipkart was based upon Amazon’s strategy of widening the business in India. Initially, none of the parties were ready to settle at the proper value of acquisition. However, the reports put up the cash value something between USD 300 million and USD 330 million.

Although the rules of the acquisition were maintained, Myntra continued as a separate entity. Just like Flipkart, Myntra too kept continuing to work for its mission that is to expand the business and to mark its presence all over the world. The founder and CEO of Myntra, Mr. Mukesh Bansal was called on the Board Meeting of Flipkart and made the head of the fashion department of this joint ecommerce venture.

Ola – TaxiForSure Merger

Being one of the largest riding services, Ola took up the TaxiForSure at a rate of USD 20 million. This deal was made in 2015 in the month of March. Although the TaxiForSure is a small entity, yet it has great value. After the deal was made, Ola began expanding its share considerably in the market. This expansion was made possible by adding more than 15,000 fleets from the TaxiForSure across 47 cities. The COO of TaxiForSure Arvind Singhal was given the position of the CEO of the company. Before the founder of TFS Aprameya Radhakrishna and Raghunandan G quit, they were made to play some advisory roles for the company. However, initially both the companies operated separately. But in 2016, Ola chucked off TFS and eventually 1000 employees were slain.

UltraTech Cement – Jaypee Group Merger

The UltraTech Cement associated with the Jaiprakash Associates at a rate of USD 2.54 billion. The integration was made in six cement plants and five grinding units. At the end of each year, this resulted to near about 21.2 million tones. After the acquisition, UltraTech has reached to the fourth position globally in the cement industry. Jaypee Group has profited from the deal as well. Its debts have been reduced.