Home / Companies / News / M&A deals plummet to $70.9 bn in 2023, down 63% from previous year's high

M&A deals plummet to $70.9 bn in 2023, down 63% from previous year's high

Statistics collated from Bloomberg show that M&A deal values have crossed the $100 billion mark since 2018

Premium

Representative Image

Dev Chatterjee Mumbai

3 min read Last Updated : Dec 17 2023 | 10:36 PM IST

Listen to This Article

Merger and acquisition (M&A) investment bankers are going home with lower bonus cheques as deal value fell 63 per cent to $70.9 billion compared to 2022 when India Inc signed M&As worth $192 billion.

The sharp rise in M&As in 2022 was mainly attributed to the mega merger between HDFC and HDFC Bank.

Data collated from Bloomberg shows that M&A deal value has crossed the $100-billion mark since 2018. This came as Indian companies and private equity firms acquired or sold companies in India despite Covid.

But in 2023, it slowed down considerably despite a record rise in stock indices

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in