India Inc's shopping spree for October remained unabated with 46 merger and acquisition transactions (M&A) worth over $530 million taking place during the period and the year-to-date deal touching a whopping $42.76 billion in value terms.
According to global consultancy firm Grant Thornton, there were 46 M&A deals worth $530 million in October 2010. So far this year India Inc has announced 546 M&A deals of $42,759 million — highest in last two years both in value and number terms.
Source: Times of India
November 21st, 2010