Cross-Border M&A activity totals $1.04 trillion, up 24% compared to YTD 2014 levels
Asia Pacific Leads Weekly Deal Making Surpassing Full Year 2014 Totals; Worldwide M&A Tops $3 Trillion
A trio of Asia Pacific mergers topped the list of weekly deals and pushed year-to-date deal making activity in the region to $739.2 billion, a 67% increase compared to year-to-date 2014 and surpassing full year 2014 levels ($702.0 billion). Asia Pacific target M&A accounts for 24% of worldwide deal making, the highest percentage since records began in 1980 and outpacing Europe for the first time on record. China accounts for 52% of year-to-date activity in the region, on par with last year’s percentage of deal activity. Hong Kong accounts for 20% of Asia Pacific M&A so far this year, while Australia accounts for 11%. Real Estate, Technology and Financials account for a combined 39% of M&A activity in the region in 2015, down from 46% a year ago.
Goldman Sachs, which surpassed $1 trillion in worldwide M&A advisory credit at the earliest point since records began, tops the Asia Pacific financial advisory rankings this year, up from third this time last year. HSBC ranks second, up from 20th a year ago while Bank of America Merrill Lynch ranks third, up from seventh.
Worldwide M&A activity reached $3.06 trillion this week, a 38% increase compared to a year ago and the strongest year-to-date period since 2007 when global deal making totaled $3.13 trillion, just 2% ahead of 2015 levels.