Mergers and acquisition scenarios in the Indian banking sector - case studies - Karnataka bank and Indusind bank

Abstract

We have studied and analyzed the two deals from a variety of perspectives and based upon our analysis we believe that though both of the acquisitions can be termed as successful in broad terms, shareholder value actually was lost in the UltraTech deal. Though the ACC deal is very recent in nature, a primary study of the expected benefits due to accrue because of synergies, show that this deal has much higher potential for creating value for all stakeholders.