Acquiring Company
ICICI Bank
Acquired Company
ICICI Securities
Description
ICICI Securities Ltd. will be delisted and merged with ICICI Bank Ltd. under a court-approved scheme of arrangement. Shareholders will receive ICICI Bank shares based on a swap ratio of 67:100. This merger aims to streamline operations and enhance shareholder value. Key details regarding shareholder eligibility for dividends are also provided.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed