Domestic deals were the flavour of the month as 23 such transactions worth $1.6 billion were announced during January. According to assurance, tax and advisory firm Grant Thornton, there were 45 M&A deals worth $2,364 million in January this year. The rise in both deal value and volume was primarily on the back of big ticket consolidation in the domestic deal activity that led to a four-fold increase in deal values compared to January 2015. Sector-wise, energy and natural resources led the deal activity by contributing over 55% of the total deal value. Start-ups continued to lead M&A deal volumes contributing 22% of total deal volumes.

Source: Mint February 12, 2017 05:45 UTC