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AT&T Inc on 22 October 2016 agreed to buy Time Warner Inc for 85.4 billion US dollars in a deal that will transform the phone company into a media giant.
- Russia’s Rosneft Oil Company and its partners on 15 October 2016 acquired India’s second biggest private oil firm Essar Oil in an all-cash deal valued at about 13 billion US dollars.
- Anil Ambani-led Reliance Communications and Maxis Communications Berhad (MCB), promoters of Aircel, on 14 September 2016 agreed to merge their wireless businesses to form the fourth-largest telecom operator in the country.
- Sony Pictures Networks India on 31 August 2016 announced the acquisition of sports broadcasting business of Zee Entertainment for 385 million US dollar in an all-cash deal.
- Unilever, the parent company of Hindustan Unilever (HUL), on 16 August 2016 acquired Swedish firm Blueair for an undisclosed sum. Blueair is a leading player in mobile air purification technology.
- Flipkart Ltd on 26 July 2016 acquired online fashion portal Jabong through its unit Myntra in a move to maintain its position as the market leader.
- Japan’s Softbank on 18 July 2016 agreed to acquire ARM Holdings, the U.K. based semiconductor firm, in a deal worth more than 32 billion US dollar.
- Yatra Online, Inc. and Terrapin 3 Acquisition Corporation on 14 July 2016 entered into a definitive merger agreement. The transaction values Yatra at an enterprise value of 218 million dollars (1458 crore rupees).
- IDFC Bank on 12 July 2016 signed a share purchase agreement to completely acquire South India-based lender Grama Vidiyal Micro Finance Ltd. for an undisclosed amount.
- Search Giant Google on 6 July 2016 acquired Moodstocks, a startup based out of Paris that develops machine-learning based image recognition technology for smartphones.
- Aditya Birla Fashion and Retail (ABFRL) on 5 July 2016 acquired global clothing brand Forever 21 in the Indian market for 26 million US dollars.
- Technology services provider Tech Mahindra Ltd (TechM) on 22 June 2016 acquired UK-based digital transformation firm The BIO Agency Ltd. The acquisition was carried out in an all-cash deal for an enterprise value of up to 45 million pounds.
- Microsoft Corporation on 13 June 2016 announced that they will acquire LinkedIn for 196 dollar per share in an all-cash transaction valued at 26.2 billion dollar.
- Tata Power Co. Ltd on 12 June 2016 agreed to acquire renewable energy company Welspun Renewables Energy Pvt. Ltd.
- JK Tyre and Industries Ltd on 18 April 2016 announced that it had completed the acquisition of tyre, tube and flap maker Cavendish Industries, a unit of Kesoram Industries Ltd, for 2195 crore rupees. Kesoram Industries is a B.K. Birla Group company.
- Future Group in the first week of April 2016 acquired Rocket Internet’s online furniture platform FabFurnish for 20 crores rupees. It is the Future Group’s first acquisition of an e-commerce portal.
- Blackstone India, the Indian arm of global private equity fund Blackstone Group on 4 April 2016 entered into a definitive agreement with Hewlett Packard Enterprise to buy a majority stake in Mphasis Limited.
- E-commerce giant Flipkart on 1 April 2016 announced that it has acquired payments start-up PhonePe Internet Pvt. Ltd.
- NTT Data, Inc. and Dell Inc. on 28 March 2016 announced that they have entered into a definitive agreement for NTT Data to acquire Dell Services.
- Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power, on 9 March 2016 signed a Share Purchase Agreement (SPA) with Indo Rama Renewables Limited (IRRL) to acquire its 100% subsidiary Indo Rama Renewables Jath Limited (IRRJL). IRRJL owns a 30 MW wind farm in Sangli District of Maharashtra.
- Drug major Lupin on 9 March 2016 announced completion of the acquisition of privately held US-based GAVIS Pharmaceuticals LLC and Novel Laboratories (GAVIS).
- UltraTech Cement Limited on 28 February 2016 entered into a binding Memorandum of Understanding (MoU) with Jaiprakash Associates Limited for the acquisition of its identified cement plants for an enterprise value of 16500 crore rupees.
- Wipro on 11 February 2016 announced signing of a definitive agreement to acquire HealthPlan Services from Water Street Healthcare Partners. Wipro will acquire 100 per cent of HealthPlan Services’ shares for a purchase consideration of 460 million US dollars.
- Cognizant Technology Solutions on 27 January 2016 acquired the privately-held KBACE Technologies Inc., a US-based global consulting and technology services company specialising in cloud strategy, implementation and integration.
- Mindtree on 18 January 2016 signed a definitive agreement to acquire Magnet 360, a Salesforce Platinum consulting partner. It was a deal to accelerate leadership in cloud computing and digital transformation.
- Quikr on 7 January 2016 announced acquisition of the property search website Commonfloor.com for an undisclosed amount in a majority stock-swap transaction.
- Nokia Corporation on 5 January 2016 announced that it completed the regulatory formalities for acquiring the French telecom equipment company Alca-Lucent. The deal, worth 15.6 billion euro, was signed in 2014 and later approved by the European Commission.
- Leading automobile manufacturer Volvo Group on 5 January 2016 announced the merger of its bus manufacturing arm Volvo Buses India and joint company Mergers and Acquisitions(VIPL).
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