Business Standard

Overall India M&A value declines 12% to $56 billion in 2017

The telecommunications sector, however, saw 31 deals worth a combined $18.48 bn, compared with $2.80 bn in 23 deals during the previous year

mergers and acquisitions, M&A
Premium

Photo: Shutterstock

T E Narasimhan Chennai
Mergers and acquisitions (M&As) during the year till December 7, declined by 12 per cent to $55.93 billion from $63.48 billion in 2016. The number of deals also fell to 1,375 from 1,381 a year ago.
 
The falling transaction value was led by a decline in the value of deals in the energy and materials segments. The telecommunications, technology and retail sectors saw a rise in M&A activity.
 
The biggest deals during the year were Vodafone group's pending acquisition of Idea Cellular’s mobile business for $11.62 billion, followed by IndusInd Bank's plans to acquire Bharat Financial Inclusion for

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in