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Laxman Pai, Opalesque Asia: A total of 8,823 mergers and acquisitions (M&A) deals were announced in Q1 2021, with a combined transaction value of $878bn, said a study.
According to GlobalData, this represents a jump of 48% in deal value compared to Q1 2020. M&A activity recovered in the second half of 2020 and this strong momentum continued in the current year.
Despite the global pandemic, global M&A deals reached a total value of $2.8 trillion in 2020, just down by 6% as compared to 2019, said the report titled 'Global M&A deals in Q1 2021-Top themes by sector'.
The total number of deals in 2020 reached 32,285 with the most activity in the second half of the year. The M&A market recovered strongly in Q3 and Q4 2020. Q4 2020 saw the highest activity for the past five years, with 9,371 deals and a total deal value of $1 trillion.
Snigdha Parida, Analyst for Thematic Research at GlobalData, said: "Tech, media, and telecom (TMT) stands top in terms of both M&A deal value and volume, among all sectors. It accounted for 37% of all deals with a combined transaction value of $323.1bn in Q1 2021. The most notable themes driving deals in the majority of sectors in Q1 2021 were noted to include connectivity, big data, cloud, COVID-19, cybersecurity, drug development, digital banking, health & wellness, and digitalization."
"2020 was a landmark year for M&A activity and this is expected to continue at a high level throughout in 2021, as companies across sectors focus o...................... To view our full article Click here
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