India M&A jumped 47% year-on-year in H1 2014
Global deal tracking firm Mergermarket has revealed in a recently-released report that, in the first six months of 2014, Mergers and acquisitions (M&As) in India witnessed a substantial increase to USD 17.1 billion; thereby marking a year-on-year jump of more than 47 percent.
According to the figures shared in the Mergermarket report, the January-March 2014 quarter saw M&A transactions worth USD 3.7 billion only; while the April-June quarter witnessed M&A deals worth a whopping USD 13.4 billion.
In reference to the M&A transactions in the April-June quarter, the Mergermarket report said that the 2014 second quarter was the most active quarter by value since the 2012 second quarter. In addition, the 2014 second quarter also witnessed an influx of large capital deals, in comparison to the first quarter.
The report drew attention to the fact that the 2014 second quarter was an impressive quarter for inbound activity valued at USD 6.3 billion; and said that two of the biggest deals during the quarter came from UK-based bidders — Diageo and Vodafone Group.
In the first-half of 2014, the most active sectors – as per the Mergermarket report – were the pharmaceutical, medical and biotech sectors, which altogether cornered 27 percent of market share from M&A transactions worth USD 4.6 billion.
Source- The Financial Expresss
acquisition and takeover, Companies, company information, Diageo-United Spirits deal, India M&A deals, M&A deals, M&A deals in first half, M&As, M&M deals in H1, merger, Mergers and acquisitions, Sun Pharma-Ranbaxy deal, Vodafone, Vodafone-Piramal deal
