Top 8 Foreign Mergers and Acquisitions By Indian Firms

By SiliconIndia   |   Thursday, 28 May 2015, 12:32 Hrs
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BANGALORE: Indian business has evolved over the years which have instigated them to go on quest for foreign firms. Today India stands as one of the global players. Indian economy has grown significantly over the years and the industry sector plays an important role in this growth. Whether in the home country or in any host nation, Indian companies are excelling with their own business and also by acquiring other companies.

Indian companies have acquired many significant companies across the globe and have expanded their business successfully; here is the list of top 8 foreign acquisitions made by Indian companies over the years as compiled by 

1. Kotak Bank Acquired ING Vysya

Kotak acquires ING Vysya

In 2014, Kotak Bank acquired ING Vysya Bank for a deal valued at 15000 crore ($2.4 billion). With the merger, the total human resource count will jump to almost 40,000 heads and the branch was expected to rise over 1200. Post the merger, ING Group which controlled ING Vysya Bank owns 7 percent share in Kotak Mahindra Bank.

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