Investment BankingBeginner

Mergers & Acquisitions

M&A

Combining companies, or one company buying another.

Detailed explanation

A merger joins two firms into one; an acquisition is one firm buying control of another. Bankers advise on valuation, negotiation, structuring and regulatory approvals.

Why it matters

M&A advisory is the flagship business of investment banks.

Key points

  • Buy-side vs sell-side mandates.
  • Needs valuation, due diligence and approvals.
  • In India, large deals may need CCI approval.

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Educational content only. Definitions and examples are illustrative and are not investment, tax or legal advice.