Merger and acquisition activity has been concentrated in five sectors in the rebounding US market this year, according to SeekingAlpha. The sectors are real estate, health care, telecom, energy and consumer products.
According to Thomson Reuters data, quoted in the article, activity in the US through September 9 of this year has grown over 50% from the same period a year ago. The total stands at USD 755 bln. To put that in perspective, US activity is about half (47.2%) of global mergers and acquisitions total so far this year. Outside of the US, global M&A activity, as we have been reporting here in this Digest, is down. The Thomson Reuters data says it is off by a fifth.
The activity in Germany and France had a slight increase in M&A, but the UK is off by 40% (to USD 60 bln). Emerging market data is mixed. China domestic M&A activity has increased by 22% but domestic M&A activity in Brazil is off 60%. In the same article, there is news about PE deals based on data from Linklaters, which shows deals increased by nearly 30% to USD 171 bln in H1 2013 compared with H1 2012. (Image Source: Thomson Reuters)