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Once-in-a-lifetime deals fuel a $100bn India M&A boom

Indian e commerce firm flipkart in bangalore

Bloomberg The biggest mergers-and-acquisitions boom in Indian history has investment bankers preparing for even more dealmaking to come. Transactions involving Indian companies have reached $104.5 billion in 2018, trouncing the previous annual record with almost four months left in the year, according to data compiled by Bloomberg. The tally may surpass $100 billion again in 2019, said Sanjeev Krishan, a ...

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Brexit uncertainty clouding JLR recovery

Bloomberg Protracted Brexit talks are weighing on the recovery prospects of Jaguar Land Rover (JLR), the carmaker that is already under pressure to keep up as the global automobile industry moves toward electrification and automation, according to its Indian owner. The focus of Tata Motors Ltd., which bought the maker of the iconic British marquees in 2008, is to ensure ...

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China car sales drop as economic woes and US trade war hit buyers

Middle china cars copy

Bloomberg China’s car sales fell for a third straight month as an intensifying trade dispute with the US and slowing economic growth are threatening to end the vehicle market’s almost three-decade expansion. Retail sales of cars, SUVs and multipurpose vehicles declined 7.4 percent to 1.76 million units in August, the China Passenger Car Association said in a statement. That compares ...

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