Non Resident Indian Business Forum
Posts 1-1 of 1
-
Amarendra Dhiraj Group moderatorThe company name is only visible to registered members.India- Most acquisitive of up-and-coming economies
Out Of the four major emerging economies across the Globe - Brazil, Russia, India and China (BRIC) - India recorded the largest number of mergers and acquisitions activity during the first half of 2007, according to KPMG's Emerging Markets International Acquisitions Tracker.
The study reveals that nowhere is this rapid convergence between inbound and outbound deal flows more apparent than in China. But it adds that China still has some way to go to catch up with India - which was easily the most acquisitive of the emerging nations.
A total of 32 outbound deals were recorded in the first half of 2007 - an impressive figure that puts the country well on target to beat the 50 deals that took place during the whole of 2006.
Key findings of the research:
-- During the first six months of 2007, there were 67 emerging-into-developed deals taking place, against 126 developed-into-emerging transactions.
-- A total of 119 emerging-into-developed deals took place in 2006, whereas there were 322 completions of the reverse kind.
-- This compares to a mere 49 emerging-into-developed deals in 2003, in contrast to 215 deals going in the opposite direction.
- 17 Sep 2007, 09:54 am
