Some Interesting M&A Data
Provided by Mergermarket, a Partner of M&A Leadership Council
Mergermarket has released its Global M&A roundup report for the Technology, Media and Telecom (TMT) Sector for the first half (H1) of 2016. Take a look at the full report HERE.
A few key findings include:
- The TMT sector has experienced a rebalancing compared to the record M&A activity seen in 2015. During H1 2016, 1,363 deals worth US$ 223.1bn represented a 41.6% decrease in value compared to H1 2015 (US$ 382.3bn, 1,580 deals), and the weakest H1 deal value and count since 2013 (US$ 173.5bn, 1,056 deals)
- Reflecting this low activity, no megadeals (< US$ 10bn) took place within the sector during H1 2016, compared to a record nine during the same period in 2015, with the highest valued deal of H1 – Chinese Internet giant Tencent Holding’s acquisition of Finland’s online gaming editor Supercell – valued at US$ 8.6bn
- Following a spate of high valued deals seen over the past few years, Telecommunications M&A seems to be feeling the effects of an increasingly saturated market. The sub-sector saw just 78 deals worth US$ 27.1bn during H1 2016, plummeting 82.4% by value compared to H1 2015 (US$ 154.1bn, 100 deals), to reach the lowest half-year deal value since H1 2009 (US$ 26.9bn, 77 deals)
