MUMBAI: Europe has emerged as the most preferred destination for large-sized overseas acquisitions by Indian companies, with the UK alone accounting for nearly 45% of the combined size of all the deals transacted in the current year so far.
Out of the total 164 outbound deals worth $30.8 billion in January-August 2007, 55 deals, amounting to $16.3 billion, involved European companies as targets. Of this, the UK and Germany accounted for $13.6 billion (15 deals) and $2 billion (5 deals), respectively, according to data compiled by Grant Thornton, one of leading global accounting and consulting firms.
Read More
Thursday, October 4, 2007
M&A-hungry India Inc on European trek
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment