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 Audit :: empanelment :: ACCOUNTING STANDARDS :: form 3cd :: Central Excise rule to resale the machines to a new company :: cpt :: VAT RATES :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: due date for vat payment :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
Mergers and Acquisitions »
 Deals of the day-Mergers and acquisitions june 20, 2017
 How new funding avenues, M&As are powering India’s renewable energy sector
 Finance Ministry asks PSBs to explore acquisition of smaller banks
 Bank of Baroda, Canara Bank may lead next round of mergers
  Deals of the day-Mergers and acquisitions June 13, 2017
 India’s booming stock market has a downside: It’s making M&As expensive, says BNP Paribas
 Cross border mergers make India favoured FDI route: UNCTAD
 BNP expects challenging 2017 for India M&A deals as stocks rally
 Why Gulf mergers and acquisitions are back on the rise
 Sebi issues listing norms for NCDs in mergers and acquisitions
 Indian chemical industry: Will M&A be a game changer?

Report: Corporate India's M&A deal value at USD5 bn in 2010
December, 09th 2010

Corporate India's appetite for growth through inorganic mode has resurfaced with mergers and acquisitions (M&A) deal value in the month of November nearing USD 5 billion -- over three times increase over last year, says a survey.

According to data compiled by research firm VCCEdge, the M&A deal value in November this year nearly trebled to USD 4.9 billion from USD 1.7 billion over the same period last year.

On month-on-month basis, the November M&A deal volume represents a jump of over five times.

There were M&A deals worth about USD 16 billion in 2009, while in the year 2008, it stood at a whopping USD 40 billion.

The uptrend in the deal volume is reflected in the number of transactions as well, with deal count witnessing an upward trend with 59 deals against 41 recorded in the period under consideration last year.

November 2010 has seen the fourth highest monthly M&A deal value over the last twelve months.

Deal valuations witnessed a revival in line with the overall economy, as the average deal amount went up from USD 74 million in November 2009 to USD 151 million in November 2010, VCCEdge said in its monthly deal report.

A sector-wise analysis shows that in the period under review utilities and consumer discretionary were the most targeted sectors with deals worth USD 1.38 billion and USD 1.27 billion, respectively. They accounted for 53 per cent of total M&A deal value during the month.

Other sectors, which contributed significantly to the deal value were energy (USD 564 million), financials, (USD 561 million) and materials (USD 507 million).

In terms of number of deals, consumer discretionary and information technology turned out to be the most active sectors with 11 and 10 deals respectively, followed by industrials with eight deals and financials and consumer staples with seven deals each.

The largest deal in November 2010 was China Huaneng Corp's acquisition of United States-based IntergenInc from GMR Infrastructure . GMR Group acquired 50 per cent stake in Intergen for USD 1.354 million in October 2008.

This was followed by Sahara India's acquisition of 100 per cent stake in Grosvenor House for around USD 757 million. The other top deal of the month was Essar Group's acquisition of 60 per cent stake in Zimbabwe Iron & Steel for a price of USD 500 million.

The top five M&A deals accounted for 68 per cent of total M&A deal value in November 2010, the report added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Desktop Application Development Outsourcing Desktop Application Development Offshore Desk

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