Australia – a Regional and Global M&A PlayerData Alert: 12 August 2008Merger and acquisition (M&A) activity slowed worldwide in 2007-08, according to the latest data released by Thomson Reuters, largely due to uncertainty in the global credit markets and falls in share markets around the world. Global M&A totalled US$3.1 trillion in announced deals during 2007-08, down around 29 per cent from 2006-07. Australia’s M&A value decreased 12 per cent from 2006-07 to US$137 billion. However, deals in Australia increased by 23 per cent in the second half of the financial year, while global volume fell by 33 per cent in the same period. |