M&A deals in India till May worth $46.8 bn

M&A deals in India in the first five months of 2007 were to the tune of $46.8 bn compared to $20.3 bn in 06.

MUMBAI: The merger and acquisition deals in India in the first five months of 2007 were to the tune of $46.8 billion compared with $20.3 billion in the whole of 2006, Dun & Bradstreet president & CEO-India, Manoj Vaish, said.

“Telecom, pharma, healthcare, energy and IT / ITeS were the primary contributing sectors,” Vaish said at a conference on the subject.

“Worldwide these figures were at $3.8 trillion with industries, energy & power, financial services, real estate and media & entertainment industries taking the lead both in value and volume. US alone accounted for 41% of the total worldwide volume of M&As,” he added.

The conference organized by Dun & Bradstreet, a leading provider of global business information, knowledge and insight, dwelled on the different aspects of M&As and role of the regulator, in the backdrop of Indian companies looking to evolve, transform and explore different markets.
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