NEW DELHI: The Indian automotive industry saw sustained deal activity in the first quarter of 2024 (January to March) albeit with declined ticket sizes. There were overall 24 deals valued at USD 357 million and 49 per cent decline in values over Q4 2023, propelled by a broader market slowdown and global inflationary trends and reflecting no change in deal volumes compared to Q4 2023. In the mergers and acquisitions space, there were six 6 deals valuing USD 172 mn. While the M&A activity…
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Source: https://sundayguardianlive.com/business/auto-industry-sees-24-deals-at-357-mn-in-q4-2023