look news india
After a year of decline, mergers and acquisitions have picked up again. This activity increased by 13.8 percent in the first nine months of 2024. The figure of merger-transfer has reached 69.2 billion dollars.
In the first nine months of 2023, this figure was $60.8 billion. 2,301 M&A deals were signed between Indian companies and private equity firms between January and September this year. This number of transactions in the same period last year was 1,855. Bharti Airtel bought stake in BT Group. The British telecom group has done merger-and-transfer transactions worth $4.08 billion so far this year. After this comes the sequence of transactions of Godrej family. Gujarat Gas acquired Gujarat State Petronet for $3 billion. Which is the third largest acquisition in the country. Market experts say India's market size and growth are likely to be more attractive to investors compared to North America and Europe. Therefore the number of deals has increased.