Total Number of M & A announcements during 2001-2015

457

Demerger cases identified

95

Mergers with more than 80% owned subsidiaries

81

Mergers with BIFR referred Companies as part of restructuring

20

Mergers cancelled/called off subsequently

57

Multiple mergers at the same time

13

Subsequent Mergers done within 5 years

16

Mergers through purchase of shares and not stock-swap

23

Data not available

12

Final List of Sample Firms

140