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01/07/2010
M&A activity
Sovereigndebt worries and continued market volatility in Europe have discouraged bankershopes for a pick-up in dealmaking. By now $262.4bn-worth of deals has beenannounced –a 4.4 per cent decrease compared to same period last year, accordingto Dealogic.
In the firsthalf of 2010 deal volumes have been incited as a result of some M&Aactivity in the consumer and healthcare sectors. Some of those are the $6bntakeover of Millipore, the US laboratory supplies maker by the German drug andchemical group Merck's and the decision by Grifols, Europe's largest maker ofblood-plasma products, to acquire US-listed rival Talecris Biotherapeutics forcash and stock.