July 2007
M T W T F S S
« Jun   Aug »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Contact us

India reaches new highs on M&A chart

Indian companies have already seen a considerable number of mergers and acquisitions in 2007. Here are some highlights from the latest study on the mergers and acquisitions in India in the first half of this year.

According to the Grant Thornton half-yearly tracker, one of India's traditional sector, textiles, has started seeing several outbound cross border deals. Some of the larger acquisitions in this segment have been made by companies such as Spentex Industries, Himatsingka Seide, and GHCL.

The first half of 2007 has been another milestone in the M&A and private equity space in India. Both M&A and private equities have touched unprecedented deal values.

The average size for M&A deals have increased to USD 130 million compared to USD 48 million in the same period last year. However, in May and June, there were 137 M&A deals of a total value of about USD 6.10 billion.

There have been 60 private equity deals during the last two months, worth  USD 3.37 billion.

Source : Money Control

Comments are closed.