The manufacturing sector led the deal activity in November, says Prashant Mehra, Partner at Grant Thornton. It was primarily driven by Dalmia Bharat Group's restructuring.Mehra says it is still early to see the impact of demonetisation on private equity (PE) and merger and acquisition (M&A) deals. He expects more clarity coming in January. He also sees alot of action in the digital payments space.Despite being the month when Prime Minister Narendra Modi announced demonetisation, November witnessed a growth in deals year-on-year, says Mehra.Watch video for more.
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