Mergers and acquisitions are increasingly common in the healthcare industry. PwC recently reported that U.S. deal volume for health services in the second quarter of this year increased by about 8 percent compared with the first quarter, and was up 16 percent year-over-year. Mergers and acquisitions are stressful and messy, and they offer a perfect opportunity for HR to shine.
SSG’s final offer after multiple revisions is an upfront cash payment of Rs 2,700 crore and a oneyear employment guarantee for the management team. Cerberus has offered Rs 2,600 crore in immediate cash payments and Rs 450 crore in security receipts, a kind of debt instrument backed by financial assets, to be paid when able.