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$1.653
trillion
Record global M&A
deal volume so far in 2006, a 38% increase over same time last
year, and a notch above the previous year-to-date record of $1.649
trillion in 2000. (source: Dealogic / Reuters)
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The total value of overseas acquisitions
by Indian companies so far in 2006 totaled over $6 billion involving
over 50 deals (Business
Standard and VC
Circle). The figure for 2005 was $4.3 billion for 136
transactions.
Key deals include:
- Jindal Steel and Power Ltd’s
$2.3 billion investment in setting up an integrated steel unit
in Bolivia.
- ONGC Videsh Ltd’s 15 per cent
buy of Petrobras’ BC-10 block in offshore Brazil valued at
$1.4 billion.
- Dr Reddy’s buyout of Germany’s
Betapharm for $572 million
- Suzlon Energy’s acquisition of
Belgium’s Hansen Transmissions International NV for $565
million.
- Ballarpur Industries Ltd
acquisition of Malaysian paper and pulp facility Sabah Forest
Industries for $261 million.
- Ranbaxy Laboratories's acquisition
of Terapia SA of Romania for $324 million.
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