Value of global M&A deals over $2 tn in Apr-Sep 2011
The cumulative value of merger and acquisition deals globally in the January-September, 2011, period rose by 9% year-on-year to USD 2.18 trillion, even as the third quarter witnessed a significant slump in M&A activity.
October 04, 2011 / 17:24 IST
The cumulative value of merger and acquisition deals globally in the January-September, 2011, period rose by 9% year-on-year to USD 2.18 trillion, even as the third quarter witnessed a significant slump in M&A activity.
According to global deal tracking firm Dealogic, the value of M&A deals globally rose by 9% year-on-year despite a 19% decrease in the third quarter.The value of third quarter M&A deals stood at just USD 633.3 billion, down 19% compared to USD 783.5 billion in the corresponding period last year, which is also the lowest quarterly total since the second quarter of 2010.Meanwhile, the value of India-focused M&A deals touched USD 39.2 billion in the first nine months this year, a significant 30% decline vis-a-vis the corresponding period last year."India targeted volumes totalled USD 39.2 billion in the first nine months of 2011, down 30% from USD 56.1 billion on the same period of 2010," Dealogic said, adding that the value of third quarter M&A deals in India, at USD 4.9 billion, was the lowest in any quarter period since the second quarter of 2009.As per Dealogic, despite ranking among the top three locations for M&A deals in the January-September, 2011, period, India was also the country that witnessed the maximum decline in the combined value of M&A deals.In the Asia-Pacific (excluding Japan) region, the total value of M&A deals during the first nine months this year was a record USD 419.2 billion, up 16 per cent in comparison to January-September, 2010, although the value of deals in the third quarter was down 3% to USD 124.3 billion, Dealogic said. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
