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M&A: deals in Q2 dip 31% in value terms
India Inc. witnessed a significant dip in deal activity in the September quarter over the previous one, with 225 inbound and outbound transactions of over $13.5 billion being recorded.
Updated on: Oct 4, 2010, 24:48:16 IST
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India Inc. witnessed a significant dip in deal activity in the September quarter over the previous one, with 225 inbound and outbound transactions of over $13.5 billion being recorded.
By deal values, the size is 31 per cent lower over the April-June quarter even though the total number of deals struck has increased from the April-June 2010 quarter’s 203, consultancy firm Ernst & Young said in a report.
The majority of the deals, 82 per cent, were in the sub-$50 million category due to which the total deal size has not increased even after the number of deals going up, the report said.
A whopping 75 per cent of the transacted value, or $10.1 billion, in Q2 was inbound.
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