The cumulative value of mergers and acquisitions deals globally during January-September 2011 rose 9 per cent year-on-year to $2.18 trillion, even as the third quarter witnessed a significant slump in M&A activity.

According to global deal tracking firm Dealogic, the value of M&A deals globally rose 9 per cent year-on-year despite a 19 per cent decrease in the third quarter.

The value of third quarter M&A deals stood at just $633.3 billion, down 19 per cent compared with $783.5 billion in the corresponding period last year, which is also the lowest quarterly total since the second quarter of 2010.

Meanwhile, the value of India-focused M&A deals touched $39.2 billion in the first nine months of this year, a significant 30 per cent decline vis-a-vis the corresponding period last year.

“India targeted volumes totalled $39.2 billion in the first nine months of 2011, down 30 per cent from $56.1 billion in the same period of 2010,” Dealogic said, adding that the value of third quarter M&A deals in India, at $4.9 billion, was the lowest in any quarter period since the second quarter of 2009.

As per Dealogic, despite ranking among the top three locations for M&A deals during the period, India was also the country that witnessed the maximum decline in the combined value of M&A deals.

In the Asia-Pacific (excluding Japan) region, the total value of M&A deals during the first nine months of this year was a record $419.2 billion, up 16 per cent in comparison to January-September, 2010, although the value of deals in the third quarter was down 3 per cent to $124.3 billion, it said.

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