6 Merger and Acquisition Deals of 2021 worth noting
Warner Media and Discovery merger
Deal was announced in Feb, 2021 where Discovery's CEO met AT&T's, parent company of Warner Media CEO. As of they have received some approvals including IRS. The merger would be one of greatest in the history of entertainment business as well as business.
Sony Pictures Network India and Zee Entertainment merger
Both companies are yet to be merged. Merger is announced, approval is yet to be received. After merger it would be India's 2nd largest entertainment and largest media; and one of largest in world.
Microsoft's acquisition of Nuance Communications
Tata's acquisition of Air India
Air India which was founded as Tata Airlines; was bought by Tata through a subsidiary through bankruptcy filing. This acquisition brought 3rd airline to Tata Group with other two being AirAsia India and Vistara. Air India was largest loss making company of Indian Government and deal became one of the largest in Airline industry and Indian history.
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