M&A deals down 80% so far in CY2023 as buyers seek lower valuation

India acquisitions to remain sluggish till corporate sector margins improve, macroeconomic uncertainties ease

Dev Chatterjee | Mumbai
Last Updated at February 26, 2023 23:05 IST

mergers, stake sale, investment, shareholders, acquisitions, shares, stock

Mergers and acquisitions (M&As) by Indian companies have declined sharply by 80 per cent so far this year, in contrast with the same period last year, as bankers predict lower deal volumes due to falling profit margins of Indian companies and feeble stock markets. The decline in Adani Group shares has also hit buyer sentiment.

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