Mergermarket Uncovers Some Interesting M&A Data
Mergermarket finds that the value of US Consumer Retail targeted activity up to the end of October is at the third highest annual value on record at $ 45.7bn, after 2005’s $ 48.2bn-worth of deals and 2006’s $ 47.6bn.
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This year represents the fifth annual increase by value, over double 2013’s total as deal value increased 143.1% from $ 18.8bn
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The increase by value comes as more states seem to be attracting investor attention. Five states have reached the highest value for Consumer Retail deals on record (Massachusetts, Georgia, Maryland, North Carolina and California) while 14 states have already surpassed 2013’s annual total
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The South was the most active by value owing to three large deals targeting North Carolina-based companies – the three deals boosted the state’s deal value up to $ 18.9bn, the highest on Mergermarket record
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California targets saw most deals by deal count with 29 deals, slightly below the 34 seen during 2013 which was the most to ever be announced in the state. The deals are valued at $ 14.7bn so far in 2014, representing the second highest annual total by the first time California has seen Retail deals above the value of $ 4bn
- The largest Retail deal of the year in the US was the acquisition of North Carolina-based Family Dollar Stores by Dollar General Corporation for $ 9.7bn in September