Compilation of Recent Meger/Acquisition and a list of companies awaiting merger/acquisition in the future

Fri, Aug 28, 2020 3:49 PM on Exclusive, Stock Market,

A total of 56 companies have gone through mergers or acquisitions with each other in the last year or so.

In the list below, we have compiled all the companies that have merged with each other, acquired, or have been acquired by another company. The data represents all the mergers and acquisitions in the past year.

Name of Companies

Company Name (After Mergerd)

Sector

Action

Swap Ratio

Final Approval Date

Joint Transaction Date

NMB Bank Limited and Kanchan Development Bank Limited

NMB Bank Limited

Commercial Bank

Acquisition

100:85

2020-08-09

2020-08-23

Smart Laghubitta Bittiya Sanstha Limited and Manakamana Laghubitta Bittiya Sanstha Limited

Manakamana Smart Laghubitta Bittiya Sanstha Limited

Microfinance

Merger

1:1

 

2020-07-26

Mirmire Laghubitta Bittiya Sanstha Limited and Sweda Laghubitta Bittiya Sanstha

Mirmire Laghubitta Bittiya Sanstha Limited

Microfinance

Acquisition

 1:0.63

2020-07-19

2020-07-15

Kisan Microfinance Bitttiya Sanstha Limited, NRN Laghubitta Bittiya Sanstha Limited and Dibya Laghubitta Bittiya Sanstha Limited

NRN Laghubitta Bittiya Sanstha Limited

Non Category

Merger

1:1:1

 

2020-06-11

Kumari Bank Limited and Deva Bikas Bank Limited

Kumari Bank Limited

Commercial Bank

Acquisition

1:0.86

2020-06-24

2020-06-12

Mega Bank Nepal Limited and Gandaki Bikas Bank Limited

Mega Bank Nepal Limited

Commercial Bank

Acquisition

1:1

2020-06-24

2020-07-05

NRN Laghubitta Bittiya Sanstha Limited, Creative Laghubitta Bittiya Sanstha Limited and Rama Roshan Laghubitta Bittiya Sanstha Limited

NRN Laghubitta Bittiya Sanstha Limited

Non Category

Merger

   

2019-09-10

Unnati Microfinance Bittiya Sanstha Limited and Sahakarya Laghubitta Bittiya Sanstha Limited

Unnati Sahakarya Laghubitta Bittiya Sanstha Limited

Microfinance

Merger

100:75

 

2020-07-10

Citizens Bank International Limited and Sahayogi Vikas Bank Limited

Citizens Bank International Limited

Commercial Bank

Acquisition

1:0.9175

2020-06-24

2020-07-04

Global IME Bank Limited and Janata Bank Nepal Limited

Global IME Bank Limited

Commercial Bank

Merger

1:0.85

 

2019-12-20

Suryodaya Laghubitta Bittiya Sanstha Limited and Trilok Laghubitta Bittiya Sanstha Limited

Suryodaya Laghubitta Bittiya Sanstha Limited

Microfinance

Merger

1:0.97

 

2020-02-22

Prime Commercial Bank Limited and Kailash Bikas Bank Limited

Prime Commercial Bank Limited

Commercial Bank

Acquisition

1:0.94

2020-03-01

2020-03-12

Saptakoshi Development Bank Limited and Kabeli Bikas Bank Limited

Saptakoshi Development Bank Limited

Development Bank

Acquisition

 1:1

2019-06-12

2019-07-07

Prime Commercial Bank Limited and Kankai Bikas Bank Limited

Prime Commercial Bank Limited

Commercial Bank

Acquisition

100:71.50

2019-09-01

2019-09-15

Aarambha Microfinance Bittiya Sanstha Limited and Chautari Laghubitta Bittiya Sanstha Limited

Aarambha Chautari Laghubitta Bittiya Sanstha Limited

Microfinance

Merger

1:1

 

2020-07-06

Tinau Development Bank Limited and Mission Development Bank Limited

Tinau Mission Development Bank Limited

Development Bank

Merger

1:1

2019-06-27

2019-07-16

Nepal Community Development Bank Limited and Tinau Mission Development Bank Limited

Tinau Mission Development Bank Limited

Development Bank

Acquisition

1:1

2019-11-15

2019-12-08

Kalika Laghubitta Bittiya Sanstha Limited and Janasewi Laghubitta Bittiya Sanstha Limited

Kalika Laghubitta Bittiya Sanstha Limited

Microfinance

Merger

1:1 

2019-12-19

2020-01-08

Mirmire Laghubitta Bittiya Sanstha Limited, Nagbeli Laghubitta Bikas Bank Limited

Mirmire Laghubitta Bittiya Sanstha Limited

Microfinance

Acquisition

100:95

2020-08-19

2020-08-23

Sarathi Laghubitta Bittiya Sanstha Limited and Satyawoti Laghubitta Bittiya Sanstha Limited

Sarathi Laghubitta Bittiya Sanstha Limited

Non Category

Merger

 

2019-12-18

2019-12-20

NMB Bank Limited and Om Development Bank Limited

NMB Bank Limited

Commercial Bank

Merger

100:76

2019-09-18

2019-09-28

Shine Resunga Development Bank Limited, Bhargav Bikash Bank Limited and Purnima Bikas Bank Limited

Shine Resunga Development Bank Limited

Development Bank

Acquisition

1:0.95

2019-10-03

2019-10-14

Sadhana Laghubitta Bittiya Sanstha Limited and Aarthik Samriddhi Laghubitta Bittiya Sanstha Limited

Sadhana Laghubitta Bittiya Sanstha Limited

Microfinance

Acquisition

10:8

2019-07-10

2019-07-15

Womi Laghubitta Bittiya Sanstha Limited and Nagarik Laghubitta Bittiya Sanstha Limited

Womi Laghubitta Bittiya Sanstha Limited

Microfinance

Merger

100:72

2019-12-16

2019-12-16

Global IME Bank Limited and Hathway Finance Limited

Global IME Bank Limited

Commercial Bank

Acquisition

100:42

2019-09-01

2019-09-04

Jyoti Bikash Bank Limited & Hamro Bikas Bank Limited

Jyoti Bikash Bank Limited

Development Bank

Acquisition

1:1

2019-03-11

2019-03-29

Nepal Investment Bank Limited and Jebil's Finance Limited

Nepal Investment Bank Limited

Commercial Bank

Acquisition

100:33

2019-07-10

2019-07-15


Similarly, a total of 30 companies are awaiting merger/acquisition procedures. The list below is a compilation of companies with upcoming mergers/acquisitions.

Name of Companies

Company Name (After Merger)

Action

NIC Asia Laghubitta Bittiya Sanstha Limited and Swadeshi Laghubitta Bittiya Sanstha Limited.

 

Merger

Jeevan Bikas Laghubitta Bittiya Sanstha, Garibi Niunikaran Laghubitta Bittiya Sanstha and Solve Laghubitta Bittiya Sanstha

 

Merger

Unique Nepal Laghubitta Bittiya Sanstha and Buddha Jyoti Laghubitta Bittiya Sanstha

 

Acquisition

Nepal Agro Laghubitta Bittitya Sanstha and Nesdo Sambridha Laghubitta Bittiya Sanstha Limited

Nepal Agro Laghubitta Bittiya Sanstha Limited

Merger

Prime Commercial Bank Limited and Lalitpur Finance Limited

Prime Commercial Bank Limited

Acquisition

Deva Bikas Bank Limited & Sahara Bikas Bank Limited

Deva Bikas Bank Limited

Acquisition

Nepal Investment Bank Limited and City Express Finance Limited

Nepal Investment Bank Limited

Acquisition

Mahuli Samudayik Laghubitta Bittiya Sanstha Limited and Navkiran Laghubitta Bittiya Sanstha Limited

Mahuli Samudayik Laghubitta Bittiya Sanstha Limited

Merger

Sunrise Bank Limited and Srijana Finance Limited

Sunrise Bank Limited

Acquisition

Naya Nepal Laghubitta Bittiya Sanstha Limited and Sarathi Laghubitta Bittiya Sanstha Limited

Naya Nepal Laghubitta Bikas Bank Limited

Merger

Summit Laghubitta Bittiya Sanstha Limited and Sajilo Laghubitta Bittiya Sanstha Limited

Summit Laghubitta Bittiya Sanstha Limited

Merger

Swarojgar Laghubitta Bittiya Sanstha Limited and Janakpur Laghubitta Bittiya Sanstha Limited

Swarojgar Laghubitta Bittiya Sanstha Limited

Acquisition

Adhikhola Laghuubitta Bittiya Sanstha and Dhaulagiri Laghubitta Bittiya Sanstha Limited

 

Merger

Samata Laghubitta Bittiya Sanstha Limited and Gharelu Laghubitta Bittiya Sanstha Limited

 

Merger