Merger and acquisition activities of Indian companies decelerated in 2013, but this year the momentum is likely to pick up, particularly in sectors like telecom, aviation and retail, a Grant Thornton report says.
Momentum in the Indian deal street is expected to pick up in 2014 after the general elections as inbound deals, which were pushed back for a better clarity on the policy stance of new government, are likely to take place.
According to Grant Thornton, in 2013 there were a total of 500 deals worth around $ 28 billion, much lower than the deal volume shown in the previous two years.
In 2012, there were 598 deals worth $ 35 billion, while in 2011, there were 644 transactions worth $ 45 billion.
04/02/14 Economic Times
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Momentum in the Indian deal street is expected to pick up in 2014 after the general elections as inbound deals, which were pushed back for a better clarity on the policy stance of new government, are likely to take place.
According to Grant Thornton, in 2013 there were a total of 500 deals worth around $ 28 billion, much lower than the deal volume shown in the previous two years.
In 2012, there were 598 deals worth $ 35 billion, while in 2011, there were 644 transactions worth $ 45 billion.
04/02/14 Economic Times
