More than 50% Decline in M&A deals in India

https://www.livemint.com/companies/news/value-of-m-as-halves-to-37-billion-in-2019-11576686372791.htmlThe year so far saw 765 M&A deals worth $37 billion in India, according to PwC’s Deals in India: Annual Review And Outlook for 2020 report.

There were only 11 deals valued at over $1 billion each in 2019, compared with 2018 which saw 25 mega-deals with the highlight being Walmart Inc.’s $16 billion acquisition of Flipkart.

Sign Up for nextbigwhat newsletter

Delivered everyday 8 AM. Most comprehensive coverage of the tech ecosystem.

Download Pluggd.in, the short news app for busy professionals