Distressed asset sales 3% of overall M&A in 2017: Report
Total distressed asset merger & acquisitions has totalled USD 14.3 billion, led by deals like Bhsuhan Steel (USD7.4 billion), Reliance Communications (USD 3.7 billion) and Fortis Healthcare (USD 1.2 billion), financial consultancy Kroll said in note Monday.
As for investor groups, it said so far domestic dealmakers have led the distressed M&As, accounting for 90 per cent of the deals by value and 81 per cent by volume. Image source: Reuters