MergerMarket Group recently published its September edition of Monthly M&A Insider
which reported on mergers and acquisitions activity around the
world for the month of August 2016. More than two thirds into the
year, August was no exception to the recent rather sluggish growth
in M&A activity, especially compared to the record-breaking
year for M&A in 2015.
Global M&A
August saw a total of 946 deals worth US$182.2bn, the
lowest-valued August since 2013 (US$152.7bn) and down 34.7% from
August 2015's US$278.9bn. The Energy, Mining & Utilities
sector spearheaded activity by contributing 15.8% to the total
global market share with 84 deals worth US$28.8bn, despite a 28.1%
drop compared to August 2015. The most notable transactions in the
sector were JX Holdings' acquisition of Japan-based
TonenGeneralSekiyu KK for US$6.3bn and Tesla's acquisition of
US-based SolarCity worth US$5.3bn. The Pharma, Medical &
Biotech sector recorded the largest deal of the month