An article in today's Economic Times summarizes India Inc's performance till now in the field of M&A.
A total of $46.8 billion worth of strategic mergers & acquisitions (M&As) and $5.1 billion worth of private equity (PE) deals were announced in the country during January-May 2007. Compare this with M&As worth $10.8 billion and $3.5 billion of PE deals struck during January-June 2006.
Update: Cross Border M&A's
India Inc is showing a distinct foreign flavour in its M&A deals, with the cross-border deal value going up nearly 16 times at $4.11 billion as compared to the value of domestic deals in May, a latest report shows.
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