Perspective Newsletter


If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...

Read more

Asian deals drive 18% rise in global M&A

29 March 2010

Global mergers and acquisitions (M&A) saw a year-on-year rise of 18 per cent in the first quarter of 2010, according to new data from Thomson Reuters.

The figures indicate that deal-making in Asia was the main driver of M&A activity in the first three months of the year, while energy and utilities was the busiest sector.

With the total declared value of M&A rising to $520.4 billion (£347.3 billion), Asian deals outstripped those in Europe for only the second quarter on record.

In addition, M&A activity in emerging economies made up 32 per cent of the total, up from 18 per cent in the corresponding period of 2009.

The market for M&A slumped to a five-year low last year, but the latest findings suggest demand for interim management services may be growing as more companies target growth, particularly in Asia.

However, Simon Dingemans, managing director of European M&A at Goldman Sachs, sounded a note of caution.

He told Reuters: "We are past the worst, but the outlook is still very uncertain and for many this feels like it's going to be a long, hard climb."

A recent report from PricewaterhouseCoopers revealed that M&A involving renewable energy providers accounted for 25 per cent of deals made in the power and utilities sector last year.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short-term solutions with long-term benefits.

Categories: Energy, Manufacturing & Infrastructure


No comments have yet been posted, be the first to comment by using the form below: