Whilst uncertainties remain, the market is strengthening and the stars appear to be aligned for a slow and steady recovery in the M&A market in 2014 and beyond.
More about M&A - The Global Picture
Matthew Layton Global Head of Corporate
Large strategic deals went some way to bolster the value of M&A deals globally but did not change the position that overall 2013 deal values were broadly flat year-on-year
More about Global Activity Levels
The TMT sector has experienced a boom, increasing its share of total deal activity in 2013 to 23%, buoyed by the Verizon/Vodafone deal, the third largest transaction in corporate history. Energy, Mining and Utilities also performed well with US$ 427bn in deal value, although its share of total activity fell by over 6%
More about Sector Variations
Our map shows that the global picture is mixed as different impacts are being felt across the key regions. Whilst European M&A continued to fall in 2013, Asia Pacific M&A has picked up significantly, particularly in the second half of the year. The US remains the engine for M&A deals, and saw a big uplift in the second half. Overall statistics for the regions conceal significant variations within the regions – notably the 11% fall across the combined Africa and Middle East region in the second half of 2013 contrasts with a significant 45% uplift in African M&A during the period
More about Regional Trends
At Clifford Chance our unrivalled network of international offices and our market-leading experience of working on cross-border and domestic M&A projects gives us a unique ability to identify trends in M&A activity across the globe.
Partners from across our network give their insights on topical issues from around the globe.
More about M&A - Spotlight Webshots