Rachael Israel

Market overview 2019 emerged as the second-best year for M&A activity in India after 2018 with aggregate deal value reported to be in excess of US$73 billion,[2] despite global macroeconomic challenges and the onset of an economic slowdown in India. While the year-on-year decline was pronounced in strategic M&A, private equity (PE) and venture capital investments retained their 2018 momentum.

To print this article, all you need is to be registered or login on Mondaq.com. In case of acquisitions involving listed companies, parties often choose to complete the transaction 'on-market', that is, on the floor of the stock exchanges, on account of tax benefits. This note analyses certain key legal considerations in completing such on-market acquisitions.

In case of acquisitions involving listed companies, parties often choose to complete the transaction 'on-market', that is, on the floor of the stock exchanges, on account of tax benefits. This note analyses certain key legal considerations in completing such on-market acquisitions. Considerations for Foreign Acquirers Under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, only certain categories of foreign investors can acquire shares on-market.