India M&A is expected to remain stable in the next few years
The value of 97 deals recorded in the quarter ended September was around $6 bn, as compared to $13.2 bn for 134 deals during the same period last year
Compared to the previous month (July 2019), August, 2019, witnessed a steep downturn in M&A activity with an over 5x fall in deal value
Listed companies are, however, likely to be left out of the purview of regional directors along with unlisted public companies above a certain threshold
Most of the deal making involving India was in the financial sector, which attracted $13.7 billion, up 7.2 per cent from a year ago and captured 33 per cent of overall deal value
Inbound M&A activity went up 17.2% from a year ago
India Inc's mergers and acquisitions (M&As) tally rose eight-fold to USD 19.1 billion with 40 transactions in April, making it the highest monthly deal value recorded after March 2017, says a report. According to Grant Thornton, relative easing of regulatory ecosystem and consolidation across sectors have significantly driven the deal activity in April this year, sealing deals (M&A and PE) worth USD 21 billion across 119 deals. "April saw deals worth USD 19.1 billion across 40 transactions, marking the highest monthly values recorded after USD 23.8 billion recorded in March 2017," said the report released today. There were 40 M&A deals in April this year worth USD 19,142 million, a 788 per cent jump in deal value, and 38 per cent rise in deal volume, it said. With this, the total M&A deal value stood at USD 37,672 million so far this year. The deal value grew exponentially compared to April 2017, driven by two billion-dollar deals and 10 deals valued at and above USD .
Overall telecom deal value up 28.4x to $20.4 bn; count rises from three in 2016 to 11 in 2017
India Inc's merger and acquisition transactions more than doubled in value terms to USD 35.84 billion, during the first half of 2017, says a report. As per tax and advisory firm Grant Thornton, value of M&A deals stood at USD 15.82 billion, during the first six months of 2016. During January-June 2017, a total of 198 M&A deals worth USD 35.84 billion took place. However, this deal volume is less compared to 260 transactions in the same period year-ago. "India Inc's M&A deals witnessed a whopping 127 per cent year-on-year increase in the deal value amounting to USD 35.8 billion in first half of 2017, in spite of volumes declining by 24 per cent driven by Vodafone-Idea merger estimated at USD 27 billion," the report said. "However in the absence of this mega merger, the values recorded 44 per cent dip compared to first 2016," it added. As per the report, outbound deal values decreased 3.9 times to USD 801 million in the first six months of the ...
In the corresponding period last year there were 4,326 deals worth $622.9 billion
Eleven deals took place in the sector during 2016 as compared to eight deals in 2015
So far this year, mid-market deals make up 58% of Asia-Pacific deal volume and 22% of value
July-September quarter alone witnessed 98 deals worth $27.7 billion, the highest quarterly value on record