Appleby Reports Offshore M&A Activity for Q2 2012
- The value of deals involving offshore targets increased 12%, up US$3.8bn from the previous quarter – this compares to a 6% increase in the worldwide value, and vastly outpaces many of the major financial markets, including the United States and Asia.
- The number of deals involving offshore targets was down slightly, by 4%, from the previous quarter, and down 34% from the same quarter in 2011, an indication of continuing market consolidation exhibited by fewer, larger deals.
- The financial services sector continues to significantly dominate deal activity levels involving offshore targets.
- The top 20 deals of the quarter, as well as the largest pending or rumored transactions, paint a picture of ongoing confidence in Asia markets and in oil and gas, minerals and mining.
- The combined energy and natural resources sector continues to generate bullish deal flow, accounting for six of the top 20 deals of the quarter.
Published July 31, 2012
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