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Merger & Acquisition

M&A deal value plunges 46%; firms cautious after GST rollout

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“Though the number of M&A transactions remained stable, value of deals transacted declined by 45.81 per cent, primarily driven by reduced inbound transactions. It appears that the ‘wait and watch’ mode continued in August, primarily to check the progress on GST implementation.”

Prashant Mehra
Partne, Grant Thornton India LLP

This article was originally published in The Hindu Business Line.