The report records key findings from the first half of 2014
Mergermarket released its “Global Energy, Mining & Utilities Trend Report” for the first half (H1) of 2014.
A few key findings from the report include:
- Q2 2014’s global M&A targeting the Energy, Mining & Utilities (EMU) sector recovered from a subdued Q1. Deal value increased 68.8% to $143.8 billion with 400 deals, up from 345 deals valued at $85.2 billion Q1 2014 and marking the highest valued quarter in over a year (Q4 2012 valued at $190.4 billion)
- The growth in Q2 contributed to H1 2014 deals valued at $229.1 billion increasing very slightly on H1 2013 ($218.3 billion), up 4.9%. Despite the growth though, the market share the EMU sector had in total global M&A during H1 2014 remained at a low 14.5% compared to 21.7% during the same time last year—this was the lowest half-year proportion since H1 2006 (12.8%)
- Q2’s comeback was primarily because of the dominant Energy sub-sector, which reached the highest quarterly value in Q2 2014 ($107.9 billion) since Q4 2012, over 40% higher compared to both Q2 2013 (43.9%) and Q1 2014 (49.6%). Energy deal value in H1 2014 ($180 billion) was up 16.5% from H1 2013