India's M&A, PE deal activity to heat up

NEW DELHI: Driven by improved liquidity and business confidence, M&As as well as private equity activities in the country are showing signs of recovery and the deal space is likely to see an uptrend in the coming months, experts said.

"The optimistic outlook of the global markets is now reflecting on the transactions landscape of the country.

The current quarter has set the ground for substantial recovery in the Indian transactions market driven by easy liquidity and increasing investors appetite," global consultancy firm Ernst & Young national director and partner transaction advisory services Ranjan Biswas said.

Grant Thornton partner specialist advisory services C G Srividya had said: "There has been a stable level of merger and acquisition activity in the month of August 2009. With 25 deals valued at about $650 million, the transaction values have been primarily driven by significant domestic deals."