Our M&A reports in a wide range of industries are essential reading for any senior executive planning to undertake a transaction. They provide detailed analysis of the key global and regional deals in each sector, including the total number and value of those deals, their rationale and the most important changes that have taken place year-on-year. They also assess the impact of current economic conditions and sector-specific trends on the M&A market, together with the immediate outlook for deal-making within each sector.
PwC is pleased to share with you our quarterly analysis of mergers and acquisitions (M&A) activity in the global forest, paper and packaging (“FPP”) industry.
"You will see an uptick in M&A, but it will be smarter, more conservative deals and you will start to see greater use of joint ventures and strategic alliances. You aren't going to see the big dollars in riskier jurisdictions." --Brett Mattison, SVP Corporate Development Strategy and Planning, Gold Fields
After an imposing first half of 2014 (H1 2014), PwC continues to maintain a positive outlook for Automotive M&A going forward. Global cross-sector M&A volume increased 6% in the first half of 2014 compared to 2013.
Mergers and acquisitions (M&A) in the US oil and gas industry reached the lowest levels of fourth quarter deal activity in five-years. This release provides an overview of the current outlook for M&A in the oil and gas industry.
PwC’s perspective on deal activity in the health services industry, including highlights of the latest quarterly deals activity and industry trends.
The Pharma and Life Sciences (PLS) sector saw a decline in deal volume but a rebound in deal value in the second quarter of 2016 when compared to the first quarter of 2016.
Faced with new and challenging market forces, food companies are changing their strategic approach by focusing on capabilities to drive how they organize and operate their businesses. For winning companies, this focus on capabilities is informing their growth path, including their approach mergers, acquisitions, and divestitures.
Industrial manufacturing M&A deal value and volume for the first half of 2016 decreased by 15% and 29% (respectively) compared to the first half of 2015. Excluding megadeals, deal value decreased by almost half for these same periods.
Global Chemicals M&A deal volume remained upbeat. With 38 deals in Q2 2016, deal volume continued to recover since the recent low in Q3 2015 (26 deals). The aggregated value of announced deals now exceeded $60 billion three quarters in a row.
Global engineering and construction M&A deal volume remained unchanged when compared to Q1 2016 but declined marginally by 6%, compared to Q2 2015. Deal value also declined (by 42%) compared to the previous quarter.
Deal volume in the global metals industry was down in Q2 2016, with only 17 deals announced in the quarter (the lowest since Q2 2014). Total deal value (at $2.8 billion) was also down 69% and 73% compared to Q2 2015 and Q1 2016, respectively.
Intersections is PwC's quarterly analysis of merger and acquisition (M&A) activity in the global transportation & logistics sector. It provides an overview of the most recent M&A results and our expectations for future deal activity. Deal value increased by 26 percent on a year-over-year basis (rising to $37.6 billion), despite a decline in both volume and value on a sequential basis in the first quarter of 2016.
While deal values remained relative consistent (with the exception of Q3 of 2015), deal volume in the Aerospace & Defense sector declined by 20% (as compared to the previous quarter) to one its lowest levels in recent history.
Overall deal value started strong in Q1 '15 despite volume at its lowest point in two years. Although it may be too soon to tell which direction deal volumes will trend in the remainder of 2015, we remain optimistic and expect M&A will continue to be robust for the sector. And with the abandonment of one transformative Cable deal, rumors are swirling about potential deal partners. In this issue, PwC provides a summary of first quarter 2015 deal activity, megadeal activity and an outlook for key sectors.
Q2 2016 represented another robust quarter for deals in the industry. Learn what drove the activity.
The recent explosion in M&A activity in the semiconductor industry follows a larger trend of increased deals in the overall Technology sector. Many of the factors affecting the overall Technology Sector such as maturing markets and associated revenue-ASP stresses have also come into play in the semiconductor sector. But a closer look shows that the specific M&A route chosen by the semiconductor companies involved in transactions varies based on three key factors: market segment focus, the growth rate of the market segment and the size of the company.