H1 2018 Global M&A Report with Financial Advisor League Tables

03 July 2018

Download Publication (1.17 MB)

Global M&A activity has reached its highest post-crisis value with US$ 1.94 tn (8,560 deals) recorded in the first six months of the year as traditional corporates look to regain market share from newer, disruptive firms. Highlights of the report include:

 

  • There have now been 26 megadeals (> US$ 10bn) announced so far this year, just four short of the number seen during the entirety of 2017. This included six deals worth over US$ 20bn in the second quarter – pushing the Q2 value above the US$ 1tn mark.
  • Protectionism has pushed dealmakers to look internally, with the influence of cross-border M&A falling in first six months of the year. Firms appear to be more cautious over pursuing high-profile cross-border deals with the majority of this year’s increase being driven by domestic M&A.

It appears the stars are aligning for M&A in 2018. Financing remains cheap while tech innovation is causing traditional corporates to fight back against newer, more innovative firmsJonathan Klonowski, Research Editor (EMEA), Mergermarket

 

Takeda’s US$ 79.7bn offer for Shire was the largest deal of the quarter.

 

Goldman Sachs & Co led the financial advisor league tables having advised on 190 deals worth $663.2bn.