In the first six months of 2009, Indian companies were involved in 136 M&A deals, down nearly 54% from the same period last year
On value of announced deals, M&A activities fell 73% from a year ago to $5.4 billion (Rs26,136 crore). The average deal value dropped nearly 40% to $98 million.
Imperial Energy acquired by ONGC Videsh - $1900 mn in Jan 2009
Satyam Computers acquired by Tech Mahindra - $576 mn in April
Dempo Mining Corp acquired by Sesa Goa - $ 350 mn in June
Vredestein banden acquired by Apollo Tyres - $ 300 mn in May
STel acquired by Sterling infotech - $230 mn in June
52% were domestic deals
23% were outbound deals
25% were Inbound deals
Total No - 136
About Me
- saurabh nair
- This is Saurabh Nair from Ahmedabad. I have been in quizing circuits since past 4 years and am known to miss the Quizes by whiskers. Besides that I love to eat, drink, quiz and Invest. These are all I do every day in my life. I am a research analyst for International loan market and would like to be an economist 10 years down the line. More of a loner, you would find me talking to very few people who would be my best friends. I have my views on economics, International politics as well as my own stock market ( You now know what I prefer to do all alone)Incase all this interest you, please use this blog for all your views and comments and It would be great to share an idea or two. To get the answers to these questions please do let me know through my email Id.
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