Global M&A pushes past US$3 trillion to fourth highest YTD total on record

01 Nov
Global M&A

Lucille Jones, Deals Intelligence Analyst at Refinitiv, comments: “Worldwide announced Global M&A totals US$3.03 trillion so far during 2019.  Despite a 12% decline from this time last year, the value of M&A registered so far this year is the fourth highest year-to-date total since our records began in the 1970s.”

Deals with a combined value of US$210.2 billion have been recorded globally during the month of October 2019, taking the 2019 total to US$3.03 trillion so far.  Nine mega deals (>$5b) were recorded in October, taking this year’s tally to 79, down from 102 at this time last year.  The combined value of these mega deals is US$1.3 trillion, accounting for 43% of this year’s total M&A, the highest share since 2015.

Deals involving a US target totalled US$83.5 billion during October 2019, bouncing back after a slow September and taking the current 2019 total to US$1.48 trillion.  Despite a 1% decline from last year, US M&A accounts for 49% of global activity by value, the highest share year-to-date since 2000.

European M&A totalled US$44.6 billion during October 2019, the lowest monthly total since February this year. So far this year, European M&A totals US$580.2 billion, 34% less than last year and a three-year low.

Deals involving targets in Asia-Pacific totalled US$38.2 billion during October 2019, the lowest monthly total since February 2017. So far this year, Asia-Pacific M&A totals US$567.6 billion, 22% less than last year and a five-year low.

Deals involving a UK target totalled US$22.0 billion, taking the 2019 total to US$163.8 billion. While 20% less than the value recorded at this time last year, it is the third highest year-to-date total in the last decade.

ENDS

About Deals Intelligence: Deals Intelligence, a part of Refinitiv’s Investing & Advisory division, brings up to the minute market intelligence to the deal making community and the financial media through a variety of research reports including Daily Deals Insight, weekly Investment Banking Scorecard, monthly Deals Snapshots and our industry-leading quarterly reviews highlighting trends in M&A and Capital Markets. For more information, please follow us on Twitter @dealintel.

About Refinitiv: Refinitiv, formerly the Financial & Risk business of Thomson Reuters, is one of the world’s largest providers of financial markets data and infrastructure. Serving more than 40,000 institutions in over 190 countries, we provide information, insights, and technology that drive innovation and performance in global markets. Our 160-year Reuters heritage of integrity enables customers to make critical decisions with confidence, while our unique open platform, best-in-class data, and cutting-edge technology bring greater opportunity to our customers. By advancing our customers, we drive progress for the entire financial community. For more information, go to www.refinitiv.com.

Global M&A Photo credit: Christopher Chan on Visual Hunt / CC BY-NC-ND

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