The value of mergers and acquisitions (M&As) in April was the lowest since at least 2018.
With 98 deals, the total value of M&As stood at $1.8 billion. In the same month last year, Indian corporate space saw 204 deals worth $8 billion.
The highest M&A deal value since 2018 was $70 billion in April 2022 for 194 deals, according to data from LSEG Deals Intelligence.
In the first four months of the year, the value of M&As declined by 33.6 per cent to $20.6 billion, compared to $31.1 billion in the corresponding period in 2019. Globally, the decline was 16.8 per cent.
India's share of global M&As was 1.9 per cent in 2024, compared to 2.4 per cent in 2019. It was 7.2 per cent in 2022, the highest since 2018.
Global M&As hit a ten-year low in 2023, according to an April 2024 update by the Organisation for Economic Co-operation and Development (OECD), due to "geopolitical tensions, continued high core inflation rates, tighter financial conditions, and reduced economic prospects."
この記事は Business Standard の May 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Business Standard の May 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
T20 WORLD CUP: NETHERLANDS BEAT NEPAL BY 6 WICKETS
The Netherlands beat Nepal by six wickets with eight balls to spare in a tight contest that was delayed by rain at the Grand Prairie Stadium, Dallas, Texas, on Tuesday night.
QS Rankings: IIT Bombay, IIT Delhi in top 150
The Indian Institutes of Technology (IITs) Bombay and Delhi are among the top 150 universities in the world, while the Massachusetts Institute of Technology (MIT) retained the top rank globally for the 13th time, according to the QS World University Ranking, 2025 announced on Wednesday.
Delhi reports 3rd hospital fire incident in 2 weeks
A major fire incident took place in an eye hospital based in Southeast Delhi's Lajpat Nagar on Wednesday, marking the third instance of hospital fire in the national capital in two weeks.
'Food processing industry should focus on quality'
A mid growing scrutiny of processed food in the country, a senior official at the Ministry of Food Processing Industries on Wednesday asked that industry to take a cue from international standards even if they have to \"compromise a little\" on profit margins.
United Spirits may lose fizz on near-term woes
Long-term prospects promising, but there are no immediate triggers
VOLATILE DURING POLL RESULTS, LUCRATIVE 6 MONTHS LATER
As is the case now, equity markets always tend to be highly volatile around the time of election results.
Kronox Lab IPO subscribed 117.25x on last day
The initial public offering (IPO) of Kronox Lab Sciences garnered 117.25 times subscription on the closing day of bidding on Wednesday.
Policy, valuations could keep rural stocks in play
Most brokerages are betting that the new government will shift to a policy focusing on boosting rural incomes and consumption since that has clearly been a pain point.
Regulator mulls raising limit for basic-service demat account to ₹10 lakh
Markets regulator Securities and Exchange Board of India (Sebi) on Wednesday proposed to enhance the threshold for the basic service demat account (BSDA) to 10 lakh from the current ₹2 lakh in a bid to boost the participation of retail investors in the securities market.
Sebi eases timelines for FPIs to disclose material changes
The Securities and Exchange Board of India (Sebi) has relaxed the timeline for foreign portfolio investors (FPIs) for reporting and disclosing material changes.