Mergers and acquisitions (M&A) activity witnessed 36 deals worth USD 5.6 billion in July, it said, adding that the volumes were up by 13 per cent on a year-on-year basis, and deal values dropped by 37 per cent owing to a shortfall in the big-ticket transactions.
The deal street got the second boost from the private equity-backed deals which soared 110 per cent year-on-year with as many as 93 deals worth USD 5.9 billion, show the Refinitiv data.