Tuesday, December 26, 2006

India closes $9.5 bn worth of M&A deals; has 1.3% of global M&A transactions

Some $9.5 bn worth of M&A deals were closed in India for the year 2006, compared to $5.37 bn in 2005. India’s share in the global M&A deals stands to around 1.3%, up from 0.72% in 2005.

Indian companies accounted for 53 overseas buyouts valued at $3.91 billion, whereas foreign companies struck 60 deals worth $5.69 billion.

India was the 18th most preferred destination for bidders, while among buyers, India was 26th on this list.

Read the Business Standard article.

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