Although the overall number of transactions moderated in the second quarter, there was an uptick in the mega deals. Deal volume reached $839.2bn, up 27.4% and 11.5% from the first quarter of 2019 and the second quarter of 2018 respectively. Consumer Noncyclical, Industrial and Energy sectors drove the majority of
The second quarter of 2019 yielded a total announced Canadian M&A deal value of CAD $112.6B, a 2.18% increase from $110.2B in Q1 2019. Year over year, there was an 8.97% increase from the $103.34B total deal value seen in Q2 2018.
The key drivers of Canadian M&A activity in
The first quarter of 2019 yielded a total announced Canadian M&A deal volume of CAD $112.5B. Though total volume saw a slight 7.7% decline from $121.9B in Q4 2018, Q1 2019 is up from Q1 2018 by 28.1%, or approximately $24.7B.
Key drivers of M&A activity in Q1 include:
The M&A activities in the United States experienced an increase to USD 658.76B in Q1 from $472.5B in Q4, reflecting a 39.4% Q/Q increase, and a decrease from $815.28B in Q1 2018 due to greater market volatility, trade tension and the threat of Brexit.
A few drivers of M&A activity
A Lesson in Mergers & Acquisitions Theory
Step back for a second and forget all of the accretion/dilution, tax implications and purchase price allocation jargon that goes into mergers and acquisitions and read this to understand the basics of mergers and acquisitions.
A firm buys another firm. There are no synergies and
What is a Hostile Bid?
Hostile takeovers happen when an acquiring entity looks to purchase a public company without the blessing of the Board of Directors or executive management. The would-be acquirer instead makes an offer for shareholders to tender their shares to them or starts a proxy fight to boot
When people think of a sale and leaseback transaction, they think about a company that owns some real estate or equipment and then agrees to sell it to a buyer and continues to use the asset sold by leasing it back.
And because of the simplicity of this arrangement, this
After a sharp increase in the deal activity in the third quarter of 2018, Canadian M&A experienced a 14.8% drop to CAD $129.75B in Q4 from $152.4B in Q3, reflecting a 14.8% Q/Q decrease, and a significant increase from $32B in Q4 2017.
A few drivers of M&A activity in
Compiling a Buyers Universe
When investment bankers are looking at an asset or a corporate for sale, the natural question is who buys it.
This is part of the expertise that the investment banker provides in their services offering. At a large investment bank such as JP Morgan, there are large, dedicated
What sector is interesting right now?
Oil and gas.
Despite the current oil price environment (which is very bad), you are actually seeing a fair bit of consolidation in the space because of the efficiencies of scale in the space.
The oil prices are low and there is a lot of uncertainty right