Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 06 2018

EY’s report analysing M&A deals in India in 2Q18 released

The biggest deal in this quarter was the $16 billion acquisition of Flipkart by Walmart Inc, which accounted for 46% of the total disclosed deal value.

According to EY’s 30th Transaction Quarterly, merger and acquisition (M&A) activity in India saw a significant y-o-y jump in both deal volume and disclosed deal value in 2Q18. While deal volume rose by 19% to 273 deals, on a y-o-y basis, the disclosed deal value was 6.8x at $34.8 billion in comparison to $5.1 billion in 2Q17. The biggest deal in this quarter was the $16 billion acquisition of Flipkart by Walmart Inc, which accounted for 46% of the total disclosed deal value.

From a sectoral perspective, financial services (39 deals; $1.1 billion) recorded the highest number of deals and consumer products and retail (30 deals; $16.5 billion) dominated in terms of deal value. Telecom (2 deals; $5.4 billion), diversified industrial products (23 deals; $2.9 billion) and metals and mining (6 deals; $960 million) also clocked substantially high deal value.

Amit Khandelwal, Managing Partner at Transaction Advisory Services, EY, said, “M&A activity is expected to stay positive in the coming quarters, on the back of continued interest of financial and strategic investors in the Indian market. Domestic activity should strengthen further as players across sectors look to expand scale, de-leverage balance sheets and innovate their offerings through increased usage of new technologies. The restructuring deals will remain active in the coming months as the NPAs cleaning are a high priority for banks. Furthermore, the successful resolution of certain cases recently, with healthy recovery rates under the IBC, along with the implementation of project ‘Sashakt’, will further add to the pipeline.”

Cross-border M&A activity in 2Q18 was recorded high as the inbound deal value reached $23.2 billion across 69 deals.

The domestic landscape witnessed 170 deals with a disclosed deal value of $10.6 billion compared with 152 deals with $1.8 billion in 2Q17.

The US continued to be the most active cross-border M&A partner for Indian companies during the quarter, with a total of 26 deals (18 inbound and 8 outbound deals) for a total disclosed value of $16.6 billion.

Comment
image
Related opportunities
  • About Us: Namma Theneer Kadai is an established tea house, which..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us : Homely Cafe & Restaurant plating European-style dishes as..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us:  DLM WAREHOUSES IS THE TRADEMARK OF DLM TECHNOLOGIES INC. DLM TECHNOLOGIES..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: We serve authentic Italian thin crust pizza with a unique..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities