Deal Numbers Touch A Decadal High In April Despite Covid-19 Pandemic
Achieving market leadership position appeared to be the rationale for the big-ticket domestic transactions
Topics
Private Equity | Indian markets
The Covid-19 second wave is expected to negatively impact the deal landscape in the short term
Deal-making in April 2021 saw the highest volumes since 2011, triggered by the highest number of private equity (PE) deals in any month. April reported 161 deals amounting to $13 billion.
This record coincides with the peak in Covid-19 cases and also reflects the importance of the time period between the first wave and second wave, which witnessed several fiscal and economic incentives and created opportunity.
Domestic mergers and acquisitions (M&A) transactions led the pack with 32 deals amounting to $5 billion, which included two transactions in the billion-dollar category. Achieving market leadership position appeared to be the rationale for the big-ticket domestic transactions. The Covid-19 second wave is expected to negatively impact the deal landscape in the short term.
However, the impact is also expected to create opportunities for more transactions, going forward, and will be a matter of timing.
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
First Published: Sun, May 23 2021. 22:31 IST
The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty
In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more
Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction
In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more
Central Banks And The Economic Horizon: Steering Through Uncertaintie
In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more
Transforming Financial Operations With Robotic Process Automation
Author: Ricardo Goulart ... Read more
The Role Of Machine Learning In Fraud Detection
Author: Gerardine Lucero  ... Read more
Principles Of Islamic Banking And Finance
When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more