March 05, 2013
According to the data released by Grant Thornton India, an accounting and consulting firm, the total merger and acquisitions (M&A) and private equity (PE) deals in the month of January 2013 were valued at US$ 1.15 billion (73 deals).
Moreover, the total value of outbound deals (Indian companies acquiring businesses outside India) in January 2013 was US$ 130 million (9 deals) as compared to US$ 60 million (9 deals) during the corresponding month in 2012. The total value of inbound deals (foreign companies or their subsidiaries acquiring Indian businesses) in January 2013 were valued at US$ 90 million (11 deals).
The total value of domestic deals in the month of January 2013 were US$ 650 million (17 deals) as compared to US$ 530 million (20 deals) during the corresponding month in 2012.
The top five M&A sectors were identified as power & energy, plastic & chemicals, banking & financial services, manufacturing and IT & ITeS.M&A Dealtracker January 2013 Size: 288 kb