Monday, April 21, 2008

Global M&As cross $1 tn in '08; India share just 1 pc

April 20 - The Economic Times (India) - The ongoing crisis in global financial crisis notwithstanding, the value of merger and acquisition deals announced across the world has crossed $1 trillion mark since the beginning of this year.

However, India's share in this global tally is just about 1 per cent, or about $10 billion. This is less than half of about 2.5 per cent share in the comparable period of 2007.

While the value of year-to-date global deals has declined by 27 per cent from the comparable period of 2007, that for deals involving India Inc has dropped by 71.5 per cent. Read More.

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