Post

India Sees a Surge in M&A Deals

India Sees a Surge in M&A Deals

In India, there were over 300 mergers and acquisitions, contributing $22 billion in value from January-August. These M&As were spread evenly across cross-border and within India transactions. Telecom, agriculture and forestry, pharma and manufacturing, among others, witnessed big ticket deal values of over $100 million each.

The banking and financial sector led the deal activity contributing over 30 percent of total deal value driven by the $777 million HDFC Life‘s merger with Max Life creating India’s largest private sector life insurance company with market value of $10 billion, reports the Economic Times.
Hand Shake

Grant Thornton India LLP Partner Prashant Mehra said, “What is driving this growth is obviously the optimism in the country coupled with the fact that the macro-economic factors such as inflation, GDP growth, FDI, seem positive.” Mehra expects a further rise in deal activity driven by the need for consolidation primarily in the infrastructure and manufacturing sectors.

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries