Global business through mergers and acquisitions (M&A) recovered significantly in the first three quarters of this year. Between January and September, deals worth about $1.6 trillion (equivalent to about €1.47 trillion) were reported, according to the annual report M&A Report from Boston Consulting Group (BCG).
North America accounts for half of all acquisitions and mergers
America and you have recorded the most activity, with North America accounting for more than half of global volume. “The US and Canada are drivers of the recovery,” the report said. In the Europe In contrast, only companies worth 353 billion dollars (equivalent to about 324 billion euros) were bought or merged, with Germany the hardest hit with a 52 percent drop.
Boston Consulting Group reports lowest figure in ten years in China
The weakness of the German M&A market is due to savings programs and strategic collaborations. “Rather than making expensive acquisitions, many companies are investing in strategic partnerships,” said Jens Kengelbach, head of M&A at BCG. M&A also fell five percent in Asia China fell to its lowest level in ten years with a decline of 41 percent.