Mergers and acquisitions (M&A) in India rose 14.55 per cent to $43.54 billion in value terms in the first half of 2020, mainly due to Reliance Industries selling stakes in its digital arm Jio platforms. Deal count plunged by 24.69 per cent year-on-year to 243 transactions.
According to Mergermarket, a report by financial news and data firm Acuris, 183 deals generated $43.54 billion in 1H20, compared to 243 deals fetching $38 billion in 1H19.
International investors acquiring a 24.71 per cent stake in Jio Platforms for $ 15.27 billion drove the increase in M&A deal value in India during the