M&As in India likely to cross $100 billion mark in 2018

The good news in India's M&A activity comes at a time when mergers in the Asia-Pacific region have not been enthusiastic.

The mergers and acquisitions (M&As) involving Indian companies have been very robust in 2018. The value in the first nine months of 2018 have more than doubled, to a shade below the $100 billion mark, said a data by Thomsons Reuters.
 
Between January to September, Indian companies made understandings worth $99.7 billion, surpassing the annual record of $67.4 billion in 2007, said the data. 
 
One of the most significant deals was Walmart acquiring Flipkart in $16 billion.
 
The good news in India's M&A activity comes at a time when mergers in the Asia-Pacific region have not been enthusiastic.
 
As per Mergermarket data, Asia-Pacific M&As, excluding Japan, fell to $164.6 billion in the third quarter of 2018, from $171.3 billion in the year-ago period. 
 
The ongoing trade war between two economic giants - China and US - have also affected M&As, with deals going down from 1,058 to 882.
 
According to a Mint report, sector-wise, materials accounted for a majority of the acquisitions involving Indian companies with a 19.8 per cent market share worth $19.7 billion, or an increase of more than 10 times in deal value compared to the first nine months of 2017.
 
Retail, financials, energy and power, and telecom were the other sectors that saw major consolidation, it added.
 
Source: Mint, other media reports

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