InvestorQ : Is it correct that the India M&A scene is gradually picking up steam?
Mahima Roy made post

Is it correct that the India M&A scene is gradually picking up steam?

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2 weeks ago
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October has been a good month for corporate deals. A total of 221 M&A and PE deals worth $9.2 billion were seen in Oct-21, comprising of $3.3 billion of M&A deals and $5.9 billion of PE deals. There were a total of 61 M&A transactions in October 2021 with the biggest being the deal by Tata Sons to absorb Air India in a deal valued at $2.4 billion.

Private deals were aplenty in the hospitality that saw a return to normal operations with most restrictions lifted. Private equity flow in Indian companies were $5.9 billion across 160 deals. The largest PE deal was the $1 billion TPG stake in TAMO EV business, the first such stake sale by a large auto company in its EV business. Others may follow suit.

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