Wednesday, June 06, 2007

Indian industry optimistic about M&A deals

June 6 - The Hindu - The Indian industry is still game for global merger and acquisition (M&A) deals even as a majority of the top corporate honchos are of the view that they are paying much more than the actual value of the companies targeted.

According to a survey by global research and analysis firm Evalueserve, even though there is near unanimity among corporates and analysts that aggressive buy-out deals are essential for growth and geographical expansion, 56 per cent of the 100 top executives surveyed feel that the acquiring companies are shelling out more than the true value for their acquisitions. "Most executives feel that the acquisition trends reflect India Inc.'s global leadership aspirations and that M&A is an integral part of the companies' globalisation strategies." Read More.

No comments: