Nomura's Thawani: India M&A Activity To Remain Robust

The video discusses the current state and future expectations of the M&A market in India, highlighting a generally healthy environment despite some macro uncertainties. It notes a shift in Indian corporates from sellers to buyers, with significant activity in healthcare and infrastructure sectors. The slowdown of the Adani Group's M&A activities is addressed, along with the role of private equity and strategic investors. Financing challenges are acknowledged, but Asia remains a viable market for M&A financing.

What sectors saw significant M&A transactions in the first three months of the year?

• Real Estate and Agriculture

• Technology and Retail

• Automotive and Finance

• Healthcare and Renewables

What trend is emerging among Indian corporates in the M&A market?

• They are avoiding M&A activities.

• They are becoming buyers of assets.

• They are focusing on international markets.

• They are becoming sellers of assets.

Which group was a major player in M&A in India but is now slowing down?

• Adani Group

• Reliance Group

• Tata Group

• Infosys

Which sector has seen a number of deals in the hospital space?

• Technology

• Retail

• Healthcare

• Finance

What is a notable feature of the current M&A market in India?

• Only private equity funds are active.

• There is no interest in renewable energy.

• Indian corporates are looking for larger acquisitions.

• International strategics are not interested.

What has been a challenge in the financing market for M&A?

• Lack of investor interest

• Increasing costs

• Decreasing interest rates

• Overvaluation of assets

How does the financing market in Asia compare to Western markets?

• It is still reasonable.

• It is completely different.

• It is less relevant.

• It is more challenging.