Global M&A deal volume hits $1.5 trillion

In the first half of 2011,the US targeted M&A totalled USD 573.1 billion,up 38 per cent from last year,Europe-focused M&A was at USD 453.1 billion (up 29 per cent) and Asia Pacific (ex Japan) stood at USD 282.9 billion (up 21 per cent).

China was the most targeted nation in Asia Pacific with USD 84.3 billion in the first half of 2011 followed by Australia (USD 71.9 billion),Japan (USD 55.8 billion) and India (USD 32 billion).

“India has the second highest cross region inbound M&A volume in Asia Pacific with USD 22.3 billion in the period under review,up a whopping 144 per cent from last year,” Dealogic said.

“BRIC (Brazil,Russia,India and China) nations targeted cross border M&A was USD 65.7 billion in H1 2011 and accounted for 50 per cent of emerging market cross border and 14 per cent of global cross-border volume,” the report said.

A sectorwise analysis shows that real estate was the leading sector in the first half of this year with USD 147.8 billion through 1,321 deals. This sector attracted USD 21 billion deals — the highest number since the first half of 2008,Dealogic said.

Goldman Sachs led the Global,European & Asia Pacific (ex-Japan) M&A advisor rankings in the January-June period.

Goldman Sachs led the cross border advisory ranking with USD 154.9 billion,followed by JPMorgan with USD 101.7 billion and Morgan Stanley with USD 93 billion.

The emerging market’s share in the total global M&A pie stood at just 24 per cent — the lowest level since the second half of 2009 when it stood at 23 per cent.

The emerging market targeted volume reached USD 363.2 billion in first half of this year,down 9 per cent from USD 400.2 billion in the first half of 2010.

The average deal size in the region has also declined 10 per cent to USD 81 million from USD 91 million an year ago,Dealogic added.