News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Mergers and Acquisitions »
 Deals of the day-Mergers and acquisitions June 14, 2019
 Deals of the day-Mergers and acquisitions June 11, 2019
 Mergers and acquisitions activity saw sharp decline in Jan-Mar quarter: EY India
 Unicorns outpace technology companies in acquisitions
 Next trade-war casualty may be mergers and acquisitions market
 For more successful mergers and acquisitions, play 20 questions
 Deals of the day-Mergers and acquisitions May 30, 2019
 Deals Of The Day-Mergers And Acquisitions May 21, 2019
 Deals of the day-Mergers and acquisitions MAY 20, 2019
 Mergers & Acquisitions in India - Nishith Desai Associates
 Deals of the day-Mergers and acquisitions May 8, 2019

M&A, private equity deals gain
February, 16th 2010

Mergers and acquisitions (M&As) among private equity companies are on the rise. The total value of M&A and PE (including qualified institutional placement) deals in January was $3.8 billion (around Rs 17,480 crore) across 85 deals, as compared to $2.1 billion (around Rs 9,660 crore) across 34 deals in the corresponding month of 2009, an 81 per cent growth.This also surpassed the pre-slowdown value of $3.2 billion registered in January 2008, said the Grant Thornton data.

M&A and PE transactions have started with significant momentum in 2010. A considerable proportion of the value is coming from domestic deals, while there is also a clear sign of increase in the appetite from Indian companies to acquire overseas, seen by the large increase in volume and value of outbound deals compared to last year.

The top two deals have been in the telecom sector, which has contributed to over 80 per cent of the value, said C G Srividya, Partner, Specialist Advisory Services, at Grant Thornton.

The total value of outbound M&A deals (Indian companies acquiring businesses outside India) in January 2010 was $341 million (15 deals), as compared to $40 million (five deals) in January 2009. However, these were way below the $1,167-million (24 deals) during the corresponding month of 2008.

The total value of domestic deals this January was $2,167 million (32 deals), as compared to $1,324 million (eight deals) and $223 million (28 deals) during the corresponding months of 2009 and 2008, respectively

The top five M&A deals accounted for 89 per cent of the total deal value. This was lead by the telecom sector, representing 81 per cent of the market and a total value transaction of $2,087 million. Then came the banking and financial sector. Banking and financials led in PE deals.

Srividya added: It is also extremely encouraging to note that PE investments have bounced back almost close to the 2008 levels and, more important, that more than 60 per cent of the value is pure play (non-QIP) investments. There are several indications that the momentum will continue and we expect to see many more deals compared to last year.

PE (including QIP) deal values amounted to $1,246 million (29 deals) in January, as compared to $309 million (16 deals) and $1,511 million (57 deals) during the corresponding months of 2009 and 2008, respectively.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

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