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Laxman Pai, Opalesque Asia: 2021 was a standout year for M&A, with over 38,000 deals worth $3.8 trillion, said a study.
The number of merger and acquisition (M&A) deals valued over $1 billion rose by a staggering 62% in 2021, compared to 2020-reaching 825 deals, said GlobalData.
GlobalData's latest report 'Global M&A Deals in 2021 - Top Themes by Sector', notes that technology, media, and telecom (TMT) continued to be the biggest sector in terms of both M&A deal value and volume-with 12,585 deals worth $1.27 trillion recorded in 2021.
However, it was the automotive and healthcare sectors that witnessed the highest growth in year-on-year (YoY) deal value in 2021, at 108% and 94%, respectively.
Sapana Maheria, Practice Head of Thematic Research at GlobalData, said: "When it comes to M&As, the motto seems to be 'go big or go home' for 2021, with total deal volume jumping up 38% year-on-year (YoY). This healthy growth was to be expected following COVID-19, which left organizations realizing they need to digitize to stay relevant and meet the needs of a flexible-work workforce."
"Increased demand for remote working, home deliveries, automation, online streaming, and digital payments increased the relevance of technology themes such as AI, e-commerce, fintech, healthtech, and digital media," Sapana added.
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