The total value of announced M&A activity in the Emerging Markets reached nearly US$1.2 trillion during full year 2015, a 41.6% increase from totals reached during 2014. The number of M&A transactions in the Emerging Markets totaled 14,966, a 2.4% increase from the total number of deals last year.
Chinese involvement deals once again drove M&A activity in Emerging Markets, with 5,751 transactions worth US$806 billion, far outpacing South African involvement deals, which generated the next highest volume with 438 deals worth US$51.5 billion. Brazil followed, accumulating US$45.4 billion over 623 transactions.
High Technology led Emerging Market activity during full year 2015, accounting for 13.4% of all M&A volumes. Financials placed second, capturing a 12.8% share of the market, followed by Industrials, which accounted for 12.4% of the market.
According to Thomson Reuters/Freeman Consulting, total estimated fees earned from completed Emerging Market M&A transactions during full year 2015 were US$4.3 billion, representing a 4.6% increase from those earned during full year 2014.
Morgan Stanley took the top spot in the Emerging Markets for 2015, with US$144.7 billion in announced deals. JP Morgan and Goldman Sachs took the second and third spots, respectively.