News > India Inc sees 63 pc surge in deal value at $8.7 billion in August: Report
India Inc sees 63 pc surge in deal value at $8.7 billion in August: Report
09/09/2024 06:12 PM | Click to read full article
Excluding IPOs and Qualified Institutional Placements (QIPs), the month saw 179 deals. Overall volumes saw a modest 3 per cent rise and mergers and acquisitions (M&A) transactions dominated the landscape, accounting for 71 per cent of the total value, according to the Grant Thornton Bharat Dealtracker. Private Equity (PE) deals contributed to 68% of the total volume, with seven high-value deals ($ 100 million) collectively worth $1.7 billion.