Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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) | 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
Popular Search: VAT RATES :: cpt :: due date for vat payment :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: empanelment :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT
« Mergers and Acquisitions »
 Deals Of The Day-Mergers And Acquisitions March 20, 2018
 How to keep employees motivated during mergers, acquisitions and times of great change
 Ahead of Air India bid, Jet Airways hires Delta's M&A expert Piero Ceschia
 Vivo-Oppo should merge to create a strong no 2 in the smartphone segment across India
 Deals of the day-Mergers and acquisitions March 14, 2018
 Deals of the day-Mergers and acquisitions March 12, 2018
 Deals of the day-Mergers and acquisitions MARCH 7, 2018
  Media and entertainment sector ripe for mergers and acquisitions
  Media and entertainment sector ripe for mergers and acquisitions
 Deals of the day-Mergers and acquisitions FEBRUARY 28, 2018
 Media and entertainment sector ripe for mergers and acquisitions

51% decline in M&A activity in 09: survey
September, 02nd 2009

A majority of private equity (PE) players in the country expect a decline in activity in 2009 with only 28% expecting the scenario to improve over the same period, according to a Grant Thornton survey on mergers and acquisitions (M&As) and PE investment scenario in India.

58% agree that the turmoil has affected M&A activity, but 45% believe that current valuations will increase deal activity in the short-term and more than 88% of the respondents believe that M&A is an integral part of their organisation's business strategy for growth.

The survey, conducted in the second quarter of 2009, covered more than 200 respondents from corporate houses, PE players and advisory community across various sectors.

Harish HV, partner, Grant Thornton India, said, Reduced availability of bank financing, uncertainty of growth and mediocre sentiments in the first quarter were the prime concerns influencing the growth and pace of M&A in 2009. However, these effects seem only temporary.

There are discussions on several M&As and there are even talks of billion dollar deals. Such developments demonstrate the attitude of Indian companies towards inorganic growth which they clearly see as a strategic imperative.

The survey revealed a negative outlook for PE investment activity with more than half of the respondents (51%) expecting a decline in PE activity over the next 12 months. A majority of respondents (24%) believed that most PE funds would flow in the form of private investments in public equity (pipe) deals and secondary sales.

In addition, one out of every five respondents said that they consider buy-outs as an appropriate entry route, while only 13% believed that start-ups or entry stage companies would garner sufficient funding, in the current business environment.

There were 312 PE deals in 2008 with a total announced value of $10.59 billion compared to 405 deals with an announced value of $19.03 billion in the year 2007 and 302 deals with an announced value of $7.86 billion in 2006. The value of PE investments for the first 6 months of 2009 has been $2.7 billion.

According to the survey, recent losses have ensured that PE players are now more wary of new investments as evidenced by 79% respondents acknowledging that they would take more active interest in the operations of their portfolio companies and 98% admitting that exit horizons may change for the worse.

IPOs were not seen as the most favourable exit route in the last few quarters.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

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