Balachandran BV and Lavanya CNM
The objective of this study is to analyze the nature and implications of changes in the number of Mergers and Acquisitions bids pertaining to Indo-US and Indo-Europe cross-border deals, on a pre-and post-sub-prime crisis basis. These numbers are correlated with ϒij (gamma-ness of trade). There was a decline in ϒij in 2009, for the said geographies, reflecting the impact of sub-prime crisis. The bids increased in the post-crisis period only for Indo-US Mergers & Acquisitions, where India was the target. The F value is solid when the acquirer is India and the target is either USA or Europe.
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