M&A activity on a high

In 2016, 388 deals worth $64.5 billion were recorded

India’s mergers and acquisitions (M&A) activity in 2016 reached a record in value terms, with 388 deals worth $ 64.5 billion. According to a Mergermarket report, India is increasingly becoming an influential M&A market, accounting for 8.8 per cent of all Asia-Pacific deals - the highest since 2007 (9.4 per cent) and significantly more than the 3.6 per cent market share logged in 2015. Deal value increased 90.5 per cent in 2016, while deal count dropped slightly to 388 across 421 deals. Average deal size increased to $166.2 million, more than double of an average $80.4 million in 2015. The