‘India Inc announced M&A deals worth $54.7 bn in 2017’

 

New Delhi, Feb 4: Corporate India’s merger and acquisition deal value stood at $54.7 billion in 2017, and telecommunications, technology and financial service were the top three sectors in terms of deal value, says a report.
According to global deal-tracking firm Mergermarket, as many as 379 M&A deals were announced worth $54.7 billion in 2017, a slight decrease compared to the record high value registered in 2016, which saw 421 deals valued at $59.7 billion.