Chemical compounds

Download Chemical compounds: Global chemical mergers and acquisitions analysis - 1Q 2008 (211kb)

Global chemical mergers and acquisitions analysis -
1Q 2008

Chemical deal activity dropped significantly in the first quarter of 2008 from the prior year with only $11 billion of announced deals. This run rate is significantly lower than the 2007 deal level of $112 billion, which was driven by both strong volume and 19 large deals that had a deal value of $85 billion. Annualizing the first-quarter activity indicates a significant decrease from the 2006 and 2007 levels. This decrease was not unexpected given the current turmoil in the credit markets, which has made financing large transactions difficult. Analyzing data from deal activity in the first quarter of 2008 led to several interesting observations.