India Inc signs deals worth $68.32 b in 2007

India Inc was on a shopping spree in 2007, striking deals including merger and acquisition (M&A) and private equity investment worth $68.32 billion against $28.16 billion last year, a rise of 142.61 per cent, according Grant Thornton’s Dealtracker It was $18.35 billion in 2005. The average Indian M&A deal size was close to $77 million, while the average Indian PE deal size was around $44 million in 2007. Corporate India signed 661 M&A deals valued $51.17 billion in 2007 against 480 deals worth $20.30 billion in 2006.

The Hindu Business Line
http://www.thehindubusinessline.com/2007/12/21/stories/2007122151380300.htm