Indian firms acquiring foreign companies up 369% in Jan-Jun – Feedback

In the January-June period, India’s acquisitions abroad grew 369% to $4.5 billion (nearly Rs 29,937.37 crore) compared to the same period last year, when outbound acquisition deals had slowed down, a Thompson Reuters research about India’s M&A in first half of 2015 stated.

India’s acquisition of overseas companies mainly focused on the Energy & Power sector, with deals worth $2 billion (nearly Rs 13,305.5 crore) announced. Deals in this sector accounted for 48.8% of India’s foreign acquisitions in value terms, the report said. Other deals were announced in the healthcare, materials, and financial industry with 15%, 12.9% and 10.5% market share, respectively.

http://www.dnaindia.com/money/report-indian-firms-acquiring-overseas-companies-up-369-in-jan-jun-highest-since-2011-report-2231427

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