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The Times of India
The Times of India
Business
PTI

Adani's $10.5 billion Holcim acquisition doubles India Inc's deal value in May: Report

MUMBAI: India Inc's deal value more than doubled to $19.1 billion across 190 transactions in May 2022, mainly helped by the $10.5-billion acquisition of global cement major Holcim by Adani Group, a report said on Monday.

The overall deal activity -- which includes mergers and acquisitions, private equity landscape and public market activity like IPOs -- stood at $7.965 billion a year ago, the report by consultancy firm Grant Thornton Bharat said.

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