M&A Index Q3 2014
Rising 'animal spirits' continue to stoke M&A activity
The Deloitte M&A Index is a forward-looking indicator that forecasts future global M&A deal volumes and identifies the factors influencing conditions for dealmaking.
The Deloitte M&A Index has an accuracy rate of over 90% dating back to Q1 2008.
- Following the sharp rebound in deal volumes in Q2, Deloitte forecasts a continued uptick for Q3 2014, bolstered by strong economic results and renewed market confidence.
- We except global deal volumes to reach around 8,350 by the end of Q3 2014, up 9% over the same period in 2013.
- The IPO boom continues and in H1 2014 companies have raised proceeds of $103 billion which is a 20 per cent increase over the same period in 2013. However, our analysis shows IPO proceeds earmarked for investment in growth are declining, which may prompt closer investor scrutiny.
- The animal spirits are spilling over to M&A markets and we are seeing the return of hostile bids.