INSUBCONTINENT EXCLUSIVE:
3 min read Last Updated : Oct 02 2024 | 12:42 AM IST
After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per
cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023.
Led by Indian
companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855
transactions reported in the same period last year, according to the Bloomberg data.Click here to connect with us on WhatsApp
Bharti
This was followed by the family settlement transaction in the Godrej family
size and growth potential were more attractive to investors and hence the rise in deals
fluctuations in interest rates and inflation influence the cost of capital and borrowing, requiring adjustment in financing terms, equity
stakes, and risk-sharing arrangements, which, in turn, affect valuations
Cross-border transactions have also been impacted by changes in real exchange rates.
Vishal Agarwal, partner, Grant Thornton Bharat, said
different parts of the world appeared to be behaving differently
makes investing based on risk-adjusted return more interesting than in developing markets like India, where the existing valuation multiples
There seems to be an interest in early-stage deals and full buyouts where promoters are not willing to stay until initial public offerings
said.
Private-equity funds have emerged as an important segment of M&As with funds buying and selling shares worth $24.2 billion in the
first nine months of 2024, up 8.9 per cent over the same period last year.First Published: Oct 02 2024 | 12:23 AMIST
