Last year witnessed five mega deals above $5 billion compared to only one in 2017. Photo:istockMumbai: The value of announced merger and acquisition (M&A) deals involving Indian companies more than doubled to reach $129.4 billion in 2018, according to data compiled by Thomson Reuters. Average M&A deal size for transactions with disclosed values increased to $127.8 million in 2018 compared to $82.8 million in the previous year. Inbound M&A, or foreign firms acquiring Indian companies, reached $55.8 billion in 2018, to post a 77% increase in deal value from $31.5 billion in 2017. PE-backed M&A deals amounted to $13.1 billion in 2018, a 72.5% increase in deal value compared to 2017.

Source: Mint January 06, 2019 18:04 UTC