PwC India Report: MA deal grew by 60% to reach $19.6 billion in Q1CY 2024
Mumbai, April 25 -- The value of merger and acquisition (MA) deals surged by 60 percent to reach USD 19.6 billion in January-March 2024, while private equity (PE) deal value experienced a slight decline, according to a report from PwC India.
The first quarter of 2024 saw a significant increase in deal volume, with 455 deals totalling USD 25.6 billion in disclosed value, up 24 percent compared to the fourth quarter of 2023.
PwC India highlighted this growth in the report titled Deals at a glance
This signals a shift from the declining trend observed throughout 2023, it added.
Sector-wise, traditional sectors took the lead, drawing significant investments in the changing deal-making scenario. The media and entertainment sector topped th...
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