US Under Trump Leads on Global Dealmaking: FT

The United States is dominating in what the Financial Times calls a record-breaking boom in global mergers and acquisitions. “Ambitious deals by large companies ranging from drugmaker AbbVie to defence contractor United Technologies, to oil group Occidental Petroleum, have driven US activity,” reports a team for the Financial Times. “Buoyant stock markets and cheap financing in the debt markets have helped oil the wheels of a record first half in which $1.1tn worth of US corporate takeovers have been struck.” The United States accounts for about half of recent deals, with fewer cross-border deals due to increasing protectionism as well as concerns over financing, security and technology transfer. The article describes numerous deals and points out the 10 largest transactions were between firms in the same country. Deals were down in Africa and Asia Pacific, up in Africa and the Middle East. – YaleGlobal

US Under Trump Leads on Global Dealmaking: FT

Big global deal-making is on the rise, and the United States dominates, though with fewer cross-border concerns amid protectionism and security concerns
Eric Platt, Arash Massoudi and Don Weinland
Thursday, June 27, 2019

Read the article from the Financial Times about US dominance in global mergers and acquisitions.

Eric Platt is the US mergers & acquisitions correspondent at the Financial Times based in New York and contributes to the paper’s premium deals briefing called Due Diligence. Arash Massoudi is corporate finance and deals editor at the Financial Times based in London, where he has worked since 2014.

Copyright The Financial Times Limited 2019. All rights reserved.