Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: list of goods taxed at 4% :: VAT Audit :: ACCOUNTING STANDARD :: form 3cd :: ACCOUNTING STANDARDS :: cpt :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: articles on VAT and GST in India
 
 
« Mergers and Acquisitions »
 The Deal Economy Conference Reveals Upbeat Forecast for Mergers & Acquisitions in 2017
 Mergers and acquisitions almost halve over three months following Brexit vote
 Mergers & acquisitions: a lesson in cyber-security complacency and reputational ruin
 Notable Mergers and Acquisitions 12/5: (CNSL)/(FRP) (CX) (FDML)
 What is Triggering the Wave of Mergers & Acquisitions in the Indian Internet Space?
 Oil and gas mergers and acquisitions are finally making a comeback
  Mergers: Commission approves acquisition of St Jude Medical by Abbott Laboratories, subject to conditions
 Mergers and Acquisitions: What’s Happening in the OFS Industry?
 Mergers: Commission approves acquisition of St Jude Medical by Abbott Laboratories, subject to conditions
 Prediction: These 8 Companies Will Get Bought in 2017
 Third Quarter Results Show Continued Strength in Mergers and Acquisitions

Mergers and acquisitions cross $10 Billion
December, 22nd 2009

With a total of 267 deals for the period of January - December (till December 13) this year, mergers and acquisitions (M&As) crossed a little over $10 billion (Rs.47,000 crore). Of the total deals, the 142 domestic deals valued about $6 billion and 125 cross-border deals pegged at over $4 billion, which include both outbound and inbound investments, reports the Economic Times.

Domestic M&As have sustained the momentum and were pegged at $5.8 billion during the January-December period, while outbound and inbound deals have reduced, and totaled $4.23 billion. This is because there have been several large restructuring deals and significant consolidation in many industries.

Also, more than half of the cross-border deals - 64, were outbound deals where domestic companies acquired businesses overseas, according to preliminary analysis by global consultancy firm, Grant Thornton. The outbound deals were pegged at $1.12 billion.

CG Srividya, Partner at Grant Thornton said, "The year has also seen significant consolidation activities with domestic dealmakers outdoing their cross-border counterparts in M&A deal activity. After a gap of three years, we are seeing domestic M&A being higher than both inbound and outbound deals put together."

Also, private equity investments including qualified institutional placements (QIPs) were pegged at $11.17 billion during January-December period. Overall the total value of deals (M&A and PE) during the year almost halved at $21.20 billion, as against $41.54 billion and $70.14 billion registered in 2008 and 2007 respectively.

After the economic crisis in 2008-end, slowly there has been a revival with companies reporting better earnings, stock markets improving and the deal activity going up. Now there is a renewed interest in QIPs and fund raising plans by corporates. The value of cross-border deals (both inbound and outbound) reduced by nearly 84 percent from 2008. The Russian government's acquisition of a strategic stake in Sistema-Shyam Telecom for $676 million was the largest inbound deal during 2009.

While there is clearly an increase in deal activity recently compared to the initial few months of the year, Indian firms require more confidence, risk appetite and the urge to grow rapidly before we get back to the peak activity levels of 2007 and most parts of 2008, analysts said. Also, the deals including DLF's acquisition of DLF Assets will further boost deal values this year.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions