India Inc‘s mergers and acquisitions (M&As) tally rose eight-fold to $19.1 billion with 40 transactions in April, making it the highest monthly deal value recorded after March 2017, says a report by Grand Thornton.
According to Grant Thornton, relative easing of regulatory ecosystem and consolidation across sectors have significantly driven the deal activity in April this year, sealing deals (M&A and PE) worth $21 billion across 119 deals.
“April saw deals worth $19.1 billion across 40 transactions, marking the highest monthly values recorded after $23.8 billion recorded in March 2017,” said the report released.
