The global market for merger and acquisitions in the second half of this year, a strong recovery from the weakness in the first half of the year, when the coronacrisis caused a great reluctance to close the deal.

The total value of mergers and acquisitions this year stands at USD 3.6 trillion. That’s 5 percent less than in 2019. In the first half of this year, much less deals were made because of the virus outbreak, but since early July, the number of transactions skyrocketed, with a value in the second half of over 2.3 trillion dollars. The confidence to make deals was supported by rising stock market prices and the hope of vaccines.

One of the biggest deals announced recently is the takeover of market researcher IHS Markit by rating agency Standard & Poor’s Global (S&P) for USD 44 billion. In addition, there are, for example, the purchase of Xilinx by Advanced Micro Devices (AMD) for $ 35 billion, and the acquisition of biotech Alexion by AstraZeneca for 39 billion dollars. There was also the acquisition of Slack’s Business Chat service by software group Salesforce for nearly $ 28 billion.

The American investment bank Goldman Sachs was once again the winner, this year, when it comes to advising on mergers and acquisitions, with a market share of approximately 28 per cent. Then Morgan Stanley and JPMorgan Chase follow.

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