By Himangshu Watts MUMBAI, Aug 21 (Reuters) - After a spate of big M&A deals, corporate India's drive for foreign acquisitions has ebbed amid concerns about a global credit squeeze, though firms with strong balance sheets may look for bargains as valuations come down. Indian firms are still negotiating deals and raising funds for acquisitions, but the size of deals has fallen after Tata Steel's $12.9 billion acquisition of Corus and Hinalco's $6 billion purchase of Canada's Novelis. ...
Premium Content (PAID Subscription Required)
"India's M&A drive slows amid credit squeeze fears" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.