The deal street got the second boost from the private equity-backed deals which soared 110 per cent year-on-year with as many as 93 deals worth USD 5.9 billion, show the Refinitiv data. Cross-border deals saw a marginal 4 per cent growth, accounting to USD 14.3 billion across 124 transactions, while strategic deals declined a marginal 3 per cent to USD 26.4 billion across 338 deals. Also, Q1 saw a massive 20.5 per cent plunge in deal volume from 122 deals to 97 transactions. Pharma, technology, real estate, consumer and energy were active sectors in the march quarter, according to the Refinitiv data. Share ViaSubscribe to Mint Newsletters * Enter a valid email * Thank you for subscribing to our newsletter.

Source: Mint May 09, 2021 09:45 UTC