S&P 500 futures hold near highs as Microsoft results loom U.S. stock index futures held near record highs early Tuesday as corporate earnings stack up with Microsoft results in the wings, while. -January 30, 2024 at 09:16 am EST
- MarketScreener
Deals within ecommerce nearly halved by value to 3.3 billion while the number fell 70% to 124 deals. Apparel and retail, however, saw deal transaction surge seven times, led by Reliance Retail which raised nearly $1.6 billion from Qatar Investment Authority and Abu Dhabi Investment Authority. Lenskart also received a funding of $500 million during the first half of 2023, followed by M&G Plc, Lightspeed Venture Partners and DST Global buying a stake in Udaan last month.
All major markets in the APAC region saw a decrease in deal activity. China, India, Japan, Australia, South Korea, Singapore, Hong Kong, Indonesia, and New Zealand, stated GlobalData.
According to S Ramesh, Kotak Investment Banking s Managing Director and CEO, corporates are exploring various capital-raising avenues given the conducive environment, with options spanning private capital, REITs, InVITs or even QIPs, , kotak investment banking, ipos, deal activity
India is expected to see an upward trajectory in deal activity in 2024, according to a report by Bain & Company s Global Healthcare Private Equity and M&A report. The report cites a surge in healthcare spending and the resilience of pharma manufacturing and services. India overtook China in 2022 in deal volume and value size, and remained top in the Asia Pacific region in 2023. The report predicts 22 healthcare deals in 2023, with deal value reaching $4.6 billion.