India, China To Be Among Top 5 Destinations For M&A
Facebook Twitter google+ RSS Feed

India, China To Be Among Top 5 Destinations For M&A

Tuesday, 29 October 2013, 09:05 Hrs
cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email

Bangalore: India and China will be among the top five destinations for merger and acquisition activities across diverse sector over the coming year, according to a report by  global consultancy Ernst & Young.

"The top five destinations for would-be deal-makers are: China, India, Brazil, United States and Canada," the report said.

It said sectors like life sciences, oil and gas, automotive, consumer products, automotive and technology are expected to see the highest level of activity in M&A deals.

Globally, the number of mergers and acquisitions (M&A) is expected to pick up over the coming year, with 35 percent of companies surveyed likely to pursue acquisitions compared with just 25 percent a year ago.

About 70 per cent of global executives expect deal volumes and deal sizes to improve over the next 12 months.

"All of this is underpinned by growing confidence in a global economy on sounder footing – improving economic conditions in mature economies and more stabilisation in the major emerging markets," E&Y Global Vice-Chair (Transaction Advisory Services) Pip McCrostie said.

The survey found that 65 per cent of executives expect the global economy to improve over the coming year, up from just 22 percent a year ago.

Companies are expected to use more debt and equity to finance deals, instead of relying on cash, it added. The survey was conducted among 1,600 executives from large companies globally and across industry sectors.

Also Read:
10 Best Indian Brands That Won Million Hearts
India Is No More the Most Preferred Business Destination


Source: PTI
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Sr. Executive
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
Reena Khanna
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset