EY sees positive India M&A landscape
01/09/2014 14:03
Leading global consultancy EY said in a report that it sees a positive outlook for merger and acquisition (M&A) activities in India in the coming months as a stable and growth oriented government drive deal activity in Asia’s third biggest economy which grew at the fastest pace in more than two years last quarter.
EY reckons that deal activity in India may rise going forward amid a more transparent M&A landscape thanks to a stable government at the centre and the new companies law.
The value of M&As involving Indian companies climbed by 12 per cent to USD 22.6 billion in FY 2013-14 from USD 20.1 billion in the previous fiscal, EY said.
“The number of M&A transactions involving Indian companies was relatively muted in FY 14, which stood at 674, down by 20 per cent against 843 deals seen in FY 13," it said.
"India's deal landscape is expected to be positively influenced by a stable government, boosting confidence among domestic as well as global participants, who are now pinning hopes on the government's focus to improve infrastructure and revive economic growth”, EY said.
"This will act a major driver for the country's M&A activity in the coming year," the report said.
01/09/2014 14:03
Leading global consultancy EY said in a report that it sees a positive outlook for merger and acquisition (M&A) activities in India in the coming months as a stable and growth oriented government drive deal activity in Asia’s third biggest economy which grew at the fastest pace in more than two years last quarter.
EY reckons that deal activity in India may rise going forward amid a more transparent M&A landscape thanks to a stable government at the centre and the new companies law.
The value of M&As involving Indian companies climbed by 12 per cent to USD 22.6 billion in FY 2013-14 from USD 20.1 billion in the previous fiscal, EY said.
“The number of M&A transactions involving Indian companies was relatively muted in FY 14, which stood at 674, down by 20 per cent against 843 deals seen in FY 13," it said.
"India's deal landscape is expected to be positively influenced by a stable government, boosting confidence among domestic as well as global participants, who are now pinning hopes on the government's focus to improve infrastructure and revive economic growth”, EY said.
"This will act a major driver for the country's M&A activity in the coming year," the report said.
