Global mergers and acquisition market grows
M&A worth $1.1trn in first half of 2010
07 July 2010
The global mergers and acquisitions (M&A) market has
reported strong growth in the last quarter, it has been
revealed.
Thompson Reuters report that international M&A was worth
$1.1 trillion (£724.8 billion) during the last six months - an
increase of nine per cent compared to 2009.
One significant driver of the increase in activity was the
growth in emerging markets M&A, which accounted for 32 per cent
of global M&A volume, up from 19 per cent.
The energy and power sector was the most active sector, as 19
per cent of all M&A involved companies in the industry.
Neil Masterson, global head of investment banking at Reuters,
claimed investment banks would benefit from the increased
activity.
He said: "Strong activity in emerging markets and cross border
M&A combined with something of a resurgence in financial
sponsor activity resulted in M&A re-emerging as the biggest fee
driver yet again for investment banks."
Goldman Sachs advised $213.4 billion (£141 billion) worth of
deals.