Decoding the 'new normal' for corporate M&A
In the third dispatch of Livemint's series on "Future of Dealmaking" in partnership with Khaitan & Co., we unravel the new realities for corporate mergers & acquisitions. For one, there is heightened due diligence being seen from the buyers to deal with specific issues arising out of Covid-19. There are also concerns being raised on valuation erosion - and if that will become a permanent feature. On the brighter side, the experts remain hopeful that the huge amount of dry powder (uncalled capital) that private equity investors are sitting on will re-ignite deal making and unlike the other crisis of the past, access to capital will not be a problem.