With a strong finish to 2020, global markets saw an incredible rebound in deal activity from the slow first half of 2020, finishing the year at $3.6 trillion in total M&A deals. According to a recent Financial Times articles, $2.3 trillion of this amount was done during the second half of the year. Some of the largest deals occurred in the last quarter include S&P Globals’s $44 billion acquisition of IHS Markit and AMD’s $35 billion acquisition of US chipmaker Xilinx.
Among the different sectors, Technology and Financial deals took the largest market share, while the Entertainment and Retail sectors saw the least activity. Anu Aiyengar, co-head of global M&A at JPMorgan Chase was quoted in the article saying “Outside COVID, this is a good environment for deal making. The equity markets are high, interest rates are low and equity investors are happy to pay for growth. Several deal makers indicated that they expect to see several larger conglomerates pursue carve-outs to parts of their businesses keeping 2021 deal activity looking promising.
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