The latest Mergermarket league tables reveal that first quarter of 2017 recorded the highest Q1 deal value for India since 2011. A large portion of the $18.3 billion comes from the landmark Vodafone-Idea deal, which is worth $12.7 billion. This is the largest deal conducted by an Indian company on record, surpassing Tata Steel’s US$ 11.9bn takeover of Corus Plc.
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