India Inc sealed Merger &Acquisition (M&) and Private Equity (PE) deals worth $48 billion in YTD 2017, up by 34 per cent over YTD 2016 and recorded a six-year high in deal values, which was primarily driven by big ticket transactions.
Notwithstanding the significant rise in the deal value, the number of transactions declined to 882 from 1,142 recorded in YTD 2016, according to Grant Thornton India LLP.
In YTD 2017, in spite of uncertainty among PE investors on the impact of GST on potential companies, the deal activity exhibited tremendous resilience with a 74 per cent growth compared to