Analyst using pen to point to data on computer screen

Merrill Corporation

Report

The Monthly M&A Insider - December 2018

With a strong 11 months behind us, 2018 is shaping up to have been one of the best for M&A activity in a decade. But with the world economy facing headwinds and warnings of risk on the horizon, it's anyone's guess what is in store for 2019.

  • North American M&A deal value has already exceeded the total from last year and is on pace to surpass the 2016 total as well. Low US unemployment levels remain and GDP grew 3.5% in the third quarter, but trade disruptions are beginning to take their toll.

  • Europe - particularly the UK - is dealing with instability, which may be contributing to relatively low M&A value. With less than half the total in APAC (excluding Japan) and less than a quarter of that in North America, the situation remains highly uncertain.

  • By sector, Energy, Mining & Utilities maintains its leading position. Deal value of US$45.8bn is up 30.4% YoY, with just over half (82 compared to 148) the number of deals.

  • Global buyout value is on pace to match or outdo that of 2017, and PE firms continue to raise record amounts of capital.

Download your copy of the December 2018 Monthly M&A Insider today.