Value of M&As in India fall 73% in 2023: Bain & Company

India witnessed a 73% fall in the value of merger and acquisition deals in 2023 compared to the previous year. The local market saw 90 M&A deals valued at $32 billion last year, a decline from 109 deals worth $100 billion in 2022. However, the 2023 deal volumes surpassed levels seen over the past 10 years.
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