India spurs Bric buyout volumes

Private equity deal volume in the Bric countries has increased by 23% to almost $6bn (€3.8bn) so far this year compared with the same period a year ago, boosted by heavy dealflow in India.

The figures show that deal volume in the Bric countries; Brazil, Russia, India and China, is valued at $5.9bn from 107 deals, as investors look to emerging markets for shelter from the credit crisis, according to data provider Dealogic.

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