India’s mergers and acquisitions (M&As) in 2018, even as the rest of the region has slowed down, has had private equity firms excited. While the value of M&A involving Indian companies has more than doubled to around $100 billion in just the first nine months, far above the annual record of $67.4 billion in 2007, according to Thomson Reuters data, PE deals during the same (nine-month) period are at par with the the previous 12-month high seen in 2017.
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