Gujarat Gas - Gujarat State Petronet Acquisition
Value: $3 billion
This acquisition is expected to strengthen Gujarat Gas' position in India’s energy sector, particularly in the natural gas market, as the company seeks to expand its reach across new territories
Kotak Mahindra Bank - Sonata Finance
Value: ₹537 crore
Approved in 2023, Kotak's acquisition of Sonata Finance boosts its presence in microfinance. This acquisition aligns with Kotak’s goal to support financial inclusion by extending services to underserved populations
Ambuja Cements' Acquisition of Penna Cements
Value: $1.3 billion
Details: Ambuja Cements, part of the Adani Group, acquired Penna Cements, increasing its market share by 2% in India and 8% in South India
Bharti Airtel’s Stake in BT Group
Value: $4.08 billion
Overview: Bharti Airtel's acquisition of a significant stake in the British telecom giant BT Group topped India's M&A activity this year. This strategic move helps Airtel expand its presence internationally and enhance its telecom services portfolio
Flipkart - Cleartrip Acquisition
Flipkart acquired Cleartrip to diversify its e-commerce offerings, particularly in travel and leisure.
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