Acquiring Company
ICICI Bank
Acquired Company
ICICI Securities Limited
Description
ICICI Securities Limited has become a wholly owned subsidiary of ICICI Bank following the merger's successful completion. The merger, effective March 11, 2025, will streamline operations and enhance the bank’s financial services. The integration received broad shareholder support, with the delisting proposal exceeding required votes. A swap ratio of 67:100 will apply to existing shareholders of ICICI Securities.
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