Report predicts M&A deals worth $52 bn in India in 2019, 7% GDP growth

India M&A to remain stable despite a slowdown, says a report by Baker McKenzie.

Mergers and acquisitions (M&A) deals worth more than $52 billion in 2019 despite a slump in the global economy, said a report by Baker McKenzie.

"Despite the global headwinds, India M&A is expected to remain stable in the next few years, with private investments reviving against the backdrop of a more favourable business environment," it said.

The firm's fifth annual Global Transactions Forecast, jointly released with Oxford Economics, predicts India's GDP will grow by close to 7 per cent through 2019-2022, ahead of the global GDP average growth rate of 2.8 per cent for the same period.

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