Indian mergers and acquisitions in 2011 may surpass this year’s record $71 billion of deals, led by oil and gas, metals and mining companies, according to M&A bankers including Topsy Mathew of Standard Chartered Plc.
Billionaire Sunil Mittal’s $10.7 billion acquisition of mobile phone operators in Africa led an almost four-fold increase in takeovers this year as deals surpassed 2007′s $69 billion, according to data compiled by Bloomberg.
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