'PE exits, M&As & fund raising via IPOs hit 5-yr high in 2016'
BY PTI6 Jan 2017 10:02 PM GMT
PTI6 Jan 2017 10:02 PM GMT
2016 turned out to be a strong year for the Indian deal street as private equity exits, M&As and fund raising through IPOs hit a 5-year high, says a report.
According to News CorpVCCEdge, the financial research platform of News CorpVCCircle, the M&A deal tally for the year hit USD 61.44 billion and private equity investors unlocked USD 6.79 billion worth of investments across 239 exits. Fund raising via Initial Public Offerings surged to a five-year high with USD 4.12 billion raised across 93 IPOs, it said. Moreover, the significant increase in exits also instills confidence in the deal activity.
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