The merger & acquisition scenario in India has been on an overdrive in India during the past three quarters of 2010. According to a research report by Mergermarket, a global M&A research firm, Q1-Q3 2010 has been the most active nine-month period by both deal value and volume for Indian M&A on the merger market record.
The 183 announced deals, totalling $44.2 billion in value represent a 24.5 per cent increase in volume and 312.9 per cent increase in deal value compared to Q1-Q3 2009. According to the research, Technology, Media & Telecoms (TMT) has been the most active sector in India with a 47.3 per cent market share.
Rothschild topped the financial adviser league table by deal value with a total of $27.4 billion from 17 transactions. Ernst & Young however was the most active financial adviser by deal count with 18 deals. AZB & Partners topped the legal advisory league tables by both deal value and volume, having advised on 49 deals valued at $29.9 billion.
