Indian, Chinese businessmen game for M&As: Study

PHBs see domestic and international M&As as a key strategic tool to drive growth, which is a reflection of the current positive attitude amongst business owners in the emerging economies, Karna added.

In North America and the BRIC economies (Brazil, Russia, India and China), which are the most acquisitive regions, between 48 and 59 per cent of surveyed business owners said they anticipated a transaction in the next three years, the International Business Report of global consultancy firm Grant Thornton International said.

The survey reveals that business owners in the fast growing BRIC economies are now embracing the idea of M&As, with 59 per cent of businesses in these countries reporting an anticipated acquisition in the next three years and are often keener to make such deals than those from more mature markets.

Besides, a greater proportion of businesses in the BRIC economies are expecting to undertake a public listing in the next three years, compared to respondents in more mature markets such as the United States and the United Kingdom.