Domestic mergers and acquisitions (M&As) saw the average deal value nearly halving in 2024.
According to the latest figures by LSEG Deals Intelligence, the average deal value was at $29 million, which was 48 per cent lower than the $56 million seen in 2023. The year 2022 had seen $138 million, a recent peak. The current value of $29 million is the lowest it has been since at least 2014.
The number has been buoyed by the Adani group company’s acquisition of a 47 per cent stake in Orient Cement, which was announced on Tuesday. The value of the deal