Canadian M&A market remained robust in Q3, even though experiencing a slight decline after an outstanding second quarter. During the third quarter, 665 transactions valued at $61.2B were announced. While the Canadian buyers were less active during the quarter, the foreign companies continue to be interested in Canadian businesses. During
As the tensions between US and China escalated sharply during the third quarter, the global mergers and acquisitions market, as well as the US activity, plunged to reflect the higher risk and greater uncertainty about the potential dealmaking. Deal making in the US fell 40% from last year to $289
By Margarida Veloso
Initially posted on the BSPEC blog
Global M&A deal value decreased 37% vs Q2 2019 and 24% YOY
Global M&A deal value amounted to USD905bn during Q3 2019. This figure represents a 37% decrease in comparison to the previous quarter and a 24% decline YOY. The YTD value of M&A
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
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
Canadian M&A announced deals for the second quarter totaled CAD $40B, an increase of 23% from the previous quarter and keeping pace with Q2 2017’s total of $40.43B.
Some factors affecting M&A activity for Q2 2018 include
Large deals in the energy sector
Continued consolidation for cannabis companies
After an active year for Canadian M&A in 2017, the first quarter of 2018 has slowed down slightly. Total value of deals for domestic and cross-border announced transactions fell from CAD $62B in Q1 2017 to $27B in Q1 2018 but has kept pace with last quarters total of $32B.