The Mergers & Acquisitions deal value in the Indian market clocked more than $41 billion in the first half (January-June, 2019). US-based businesses accounted for more than a quarter of all inbound investments into India during the period, followed by those from Japan and China. The M&A space in India is primarily led by private deals. A business might choose to merge with or take over another in order to inorganically gain access to new markets, cutting-edge technologies and top-end talents, as well as in the form of ramping up revenue. Shares of stock-market-traded companies are openly bought and sold in public view with transparency. Besides, listed businesses are subject to mandatory public disclosures of all their material information such as board decisions, operational details, data on top management (e.g., remunerations), and audited financial statements. Besides, these companies are always on the radar of equity research analysts and the media. In contrast