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JULY 2014
What’s happening in the world of M&As and IPOs?
This month, as usual we take a look at what has been happening in the world’s M&A, IPO and fund markets.
Mergermarket’s July M&A overview has been released, showing that global M&A deals valued at US$ 1,571.2bn in H1 2014 resulted in the highest valued half year since 2007. Meaning that deal value increased 56.3% compared to H1 2013 (US$ 1,005bn) and was up 29.8% compared to H2 2013.
An increase in large-cap cross-border M&A saw the average deal size at US$ 550.6m in H1 2014 hit the highest half-year average deal size on Mergermarket record (since 2001). Cross-border M&A between regions was 81.9% higher than H1 2013 with deals valued at US$ 371.5bn, the highest half year since H2 2007. Country cross- border M&A in H1 2014 accounted for the highest half-year share in global M&A on Mergermarket record at 46.1%.
Other highlights include, the total deal value in Q2 2014 was worth US$ 945.2bn, making it the third highest quarter by value on record, after Q2 2007 and Q4 2006. Q2’s deal value was the second quarterly increase, 51% above Q1 2014. It was also 70.3% higher than Q2 2013.
Total deal value in Q2 2014 was worth US$ 945.2bn, making it the third highest quarter by value on record, after Q2 2007 and Q4 2006. Q2’s deal value was the second quarterly increase, 51% above Q1 2014. It was also 70.3% higher than Q2 2013.
Five mega-deals were cross-border transactions (between two different countries) in Q2 and included the fifth largest cross-border deal since 2001. US’s Meditronic acquisition of Ireland-based Covidien for US$ 45.9bn. There was an increase in the number of large-bracket deals with 76 deals valued between US$ 2bn-US$ 10bn during Q2, the most for any quarter since Q2 2007. The Pharma, Medical & Biotech industry was the most active with deals valued at US$ 258.6bn taking a 16.5% market share in global M&A. Deal value was 51.8% above the whole of 2013’s value.
As we can see the world of M&As is still booming globally, all we can do is wait and see if this continues in the last half of the year.