MUMBAI : The business disruption caused by the covid-19 pandemic is encouraging Indian firms to transform their businesses through mergers and acquisitions (M&As) and asset sales.
This is evident in Indian M&A activity nearing an all-time high, driven in particular by first-time buyers, according to a report by consulting firm Bain & Co. “Firms are using M&A more than ever before to transform their businesses for a post-covid world," said the report titled India M&A: Acquiring to Transform authored by Karan Singh and Vikram Chandrashekhar, partners at Bain & Co. “More companies are doing more deals than ever before.
M&A volume is near its highest level ever (considering deals >$75 million), and M&A deals are more broad-based than