Merger and Acquisition Deals

India Inc announces M&A deals worth $25 bn in May Report

Question: According to the recent announcement of Corporate India, merger and acquisition deals of how many billion dollars have been done in May, 2018?
(a) 25 billion dollar
(b) 30 billion dollar
(c) 35 billion dollar
(d) 40 billion dollar
Answer: (a) 
Related Facts 

  • In June, 2018 assurance, tax and advisory firm ‘ Grant Thornton released his latest ‘Dealtracker’.
  • Through this dealtracker India Inc (Corporate India) has provided information about merger and acquisition deals of worth 25,656 million (about 25 billion dollars) in the month of May, 2018.
  • During this period total 46 ‘Mergers and Acquisitions’ (M & A) deals have done.
  • ‘Mergers and Acquisitions’ (M & A) deals have significantly increased in comparison to the same period of the previous year.
  • Last year in the same time period (M & A) 35 transactions worth to 897 million dollars were done.
  • ‘Wal-Mart-Flipkart Deals’ has contributed 62% alone in the deals that have been done in May, 2018.
  • In May Walmart acquired Flipkart for 16 billion dollars.
  • 204 (M & A) deals worth 63,328 million dollar were done between January and May 2018 while in same period there were 69 transactions worth 30,529 million dollar last year.

Reference:                         
https://timesofindia.indiatimes.com/business/india-business/india-inc-announces-ma-deals-worth-25-bn-in-may-report/articleshow/64478203.cms