Business Standard

Monday, December 23, 2024 | 11:09 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

With a 38% jump, India's M&A activity touched all-time high in 2022

Outbound M&A activity increased 31.6% year-on-year to hit $9.8 billion

Merger and acquisition
Premium

Himanshu Thakur
At $170.6 billion, merger & acquisition (M&A) deals in India during 2022 were the highest ever, shows Refinitiv's India Investment Banking Review 2022 report. The deal activity in 2022 was 38 per cent higher than that in 2021.

The financial sector came on top of the list of target sectors, receiving investments of over $70 billion – more than the next four sectors combined. Technology was the next most favoured sector, with investments of $20.4 billion.

HDFC Bank's merger with Housing and Development Finance Corp, valued at $60.4 billion, was the biggest deal by book value.

"With the result of

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