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India Surpasses China In Private Equity Deals |
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India has overtaken China for the first time in private equity deals. Indian firms received $9.9 billion in private equity capital in 2007 against $9.5 billion received by Chinese firms. Taiwan ranked third in Asia with $5.8 billion.
Asia PE Research, a Hong Kong-based research firm, reported that India recorded the most private equity deals at 290, followed by China with 240. The total value of all private equity deals throughout Asia was $42.2 billion, compared with $53 billion in 2006. | |
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