According to global deal tracking firm Dealogic, India’s inbound M&A volume has surged to $23.4 billion, about equal to the record level of 2007.
American companies were involved in 17 per cent of the inbound mergers in India making the US the second most active conuntry. The United Kingdom was the top acquirer into India with deals worth $15 billion; BP’s $9 billion big for Reliance Industries’ oil and gas blocks was the largest piece. Other countries that were active were Germany (6 per cent), Japan (4 per cent), Denmark (3 per cent).
