Total M&A and PE deals at US$2.21bn during April: Grant Thornton

The total M&A and PE (incl. QIP) deals in the month of April 2010 were valued at US$2.21bn (129 Deals) as compared to US$1.02bn (39 deals) and US$1.69bn (74 Deals) in the corresponding month of 2009 and 2008 respectively.

The total value of outbound deals (Indian companies acquiring businesses outside India) in April 2010 was US$483mn (23 deals) as compared to US$32mn (5 deals) and US$626mn (23 deals) during the corresponding month in 2009 and 2008 respectively.

The total value of inbound deals (foreign companies or their subsidiaries acquiring Indian businesses) in April 2010 was US$51mn (8 deals) as compared to US$44mn (3 deals) and US$408mn (9 deals) during the corresponding month in 2009 and 2008 respectively.

The total value of domestic deals in April 2010 was US$310mn (58 deals) as compared to US$351mn (13 deals) and US$92mn (10 deals) during the corresponding month in 2009 and 2008 respectively.

PE (incl QIP) deal values amounted to US$1.37bn (40 deals) in April 2010 as compared to US$596mn (18 deals) and US$563mn (32 deals) during the corresponding month in 2009 and 2008 respectively.

There were 5 QIP deals valued at US$516.49mn in the month of April 2010

There were 5 IPO’s listed in the month of April 2010, which raised a sum of US$179.63mn from the public. The total amount raised through IPO during the period Jan-Dec 09 was US$3335mn from 17 IPO’s.