Dealmakers Eye Poll Boost for $30 Billion M&As in 2014

However, if weak or significant coalition dependence emerges, the numbers could be much lower, he said. Echoing similar sentiments, Girish Vanvari, co-Head of Tax, KPMG in India said: "Election outcome can be a game changer. If a stable government emerges at the Centre and the new government takes steps to demonstrate stability of tax and regulatory regime in the country, it would restore the much-needed investor confidence." Vanvari further said that post elections we could also see the number doubling from year on.

"Take an example of the recently announced Sun Pharma-Ranbaxy deal, upwards of $4 billion in one deal itself and if there are 4-5 deals like this, imagine where the numbers can be." The increasing political uncertainty over the past one year alongwith a fear of a fractured mandate and policy paralysis perception have resulted in creating a cautious approach among strategic players, experts believe. The year 2014 is being anticipated to be a big year for M&As, especially for big-ticket deals. However, most of it is expected to take off post the general elections, Sumant Sinha, Chairman and CEO, ReNew Power said. Consumer, healthcare, metals, real estate and telecom sectors might see the biggest share of deals taking place, he added.

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