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Access here alternative investment news about Once-in-a-life Deals Fuel $100-billion Mergers-acquisitions Boom | Business Standard News
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Once-in-a-life Deals Fuel $100-billion Mergers-acquisitions Boom | Business Standard News

by business-standard.com posted 4months ago 21 views
Amazon, Alibaba and Tencent are acquiring stakes in local firms to increase their India presence. : The biggest mergers-and-acquisitions (M&As;) boom in Indian history has investment bankers preparing for even more deal-making to come. Transactions involving Indian companies have reached $104.5billion in 2018, trouncing the previous annual record, with almost four months left in the year, according to data compiled by Bloomberg. The tally may surpass $100 billion again in 2019, said Sanjeev Krishan, a Gurgaon-based partner at PwC India, who focuses on private equity and deals.

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