In the Indian power industry, there were 23 M&A deals announced in Q2 2023, worth a total value of $101.8m, according to GlobalData’s Deals Database. The $53.4m minority acquisition of serentica renewables india 5 by hindustan zinc was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Power Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in India decreased by 91% in Q2 2023 compared with the previous quarter’s total of $1.1bn and fell by 99% as compared to Q2 2022. Related deal volume decreased by 32% in Q2 2023 versus the previous quarter and was 38% lower than in Q2 2022.
The top-ranked legal advisorss supporting these M&A deals in India Q2 2023 were AZB & Partners; Khaitan & Co; Lakshmikumaran & Sridharan with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.