Value of global M&A deals over $2 trillion in Apr-Sep, 2011

NEW DELHI: The cumulative value of merger and acquisition deals globally in the January-September, 2011, period rose by 9 per cent year-on-year to $ 2.18 trillion, even as the third quarter witnessed a significant slump in M&A activity.

According to global deal tracking firm Dealogic, the value of M&A deals globally rose by 9 per cent year-on-year despite a 19 per cent decrease in the third quarter.

The value of third quarter M&A deals stood at just $ 633.3 billion, down 19 per cent compared to $ 783.5 billion in the corresponding period last year, which is also the lowest quarterly total since the second quarter of 2010.

Meanwhile, the value of India-focused M&A deals touched $ 39.2 billion in the first nine months this year, a significant 30 per cent decline vis-a-vis the corresponding period last year.

"India targeted volumes totalled $ 39.2 billion in the first nine months of 2011, down 30 per cent from $ 56.1 billion on the same period of 2010," Dealogic said, adding that the value of third quarter M&A deals in India, at $ 4.9 billion, was the lowest in any quarter period since the second quarter of 2009.

As per Dealogic, despite ranking among the top three locations for M&A deals in the January-September, 2011, period, India was also the country that witnessed the maximum decline in the combined value of M&A deals.

In the Asia-Pacific (excluding Japan) region, the total value of M&A deals during the first nine months this year was a record $ 419.2 billion, up 16 per cent in comparison to January-September, 2010, although the value of deals in the third quarter was down 3 per cent to $ 124.3 billion, Dealogic said.