India, Inc.'s deal worth at $24-bn in 11 months
There was no stopping the advance of India Inc's dealwagon this year — the overall value of deals marched ahead hand in hand with the total number.
The total value of the 694 deals that India clocked — excluding the Tata-Corus transaction — in the first eleven months of 2006 has shot up to $24.06 billion. This is against the 467 deals worth $18.2 billion that Indian companies sealed during the whole of 2005, according to data collated by Grant Thornton. Given that the last word on the Tatas’ mega deal is yet to be written, India might end the year with a bumper $33 billion-plus in mergers and acquisitions (M&A ) transactions.
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The total value of the 694 deals that India clocked — excluding the Tata-Corus transaction — in the first eleven months of 2006 has shot up to $24.06 billion. This is against the 467 deals worth $18.2 billion that Indian companies sealed during the whole of 2005, according to data collated by Grant Thornton. Given that the last word on the Tatas’ mega deal is yet to be written, India might end the year with a bumper $33 billion-plus in mergers and acquisitions (M&A ) transactions.
TO READ MORECLICK HERE
posted by SY at 12:26 PM
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