Adani Group's Holcim acquisition doubles India Inc's deal to $19.1 billion

Adani Group's $10.5 billion acquisition of cement company Holcim has increased the value of India Inc. more than doubled to $19.1 billion by May 2022, with 190 deals. The sale was worth about $7.965 billion in May a year earlier.

Mergers and acquisitions, a private equity landscape and public market activities such as IPOs are all part of the deal.

According to the Grant Thornton Bharat report, the total transaction value decreased by 59% in May compared to April as a result of the $40 billion merger agreement between HDFC Bank and HDFC concluded in April.

Adani Group and Holcim signed a formal deal last month to buy a 63.11%

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