Demonetisation

Mergers and Acquisitions hit by demonetisation, GST roll out: Grant Thornton

“The M&A deal value reached a record high at $33 billion in the YTD as compared to $27 billion in the corresponding period last year. This was driven by higher consolidation witnessed in the domestic segment as home-grown companies chose the inorganic route to generate growth with around 190 deals worth USD 28 billion."

Prashant Mehra
Partner, Grant Thornton India LLP

This article appeared in The Hindu Business Line on 13th October, 2017.