The Deloitte M&A Index Q3 2015
US companies leading surge in M&A
This is the latest M&A Index report by the UK M&A practice. M&A Index is a forward-looking indicator that forecasts future global M&A deal volumes and identifies the factors influencing conditions for deal making.
Key points highlighted in the Q3 2015 edition include:
- The first half of 2015 has emerged as one of the strongest for M&A, with more than $1.8 trillion worth of deals announced, a 22% increase over H1 2014. US corporates are leading this surge fuelled by a strengthening dollar, low funding costs and strong earnings.
- Growth markets are making an impact and in 2014 for the first time outbound M&A from growth markets into G7 countries surpassed inbound M&A from the G7 into those markets, with China leading the way.
- However in Europe despite favourable credit conditions and strong corporate earnings, political and currency risks are weakening confidence among European companies.
- The Deloitte M&A Index predicts that M&A activity will remain at a similar level to Q2. We expect market conditions to remain favourable and Boards to continue reorganising to pursue growth.