In 2020, at the international level, mergers and acquisitions transactions fell by 8% in value. In France, on the contrary, there is an increase of 7% in value, tells us the firm Allen & Overy.
Mergers and acquisitions: more operations in Europe in 2020
2020 has not been the best year for mergers and acquisitions. Globally, these transactions are down 8% in value and 9% in volume compared to 2019. Transactions over $ 10 billion were down nearly 21% compared to 2019, leaving the up to a greater number of small transactions, we learn from a balance sheet of the firm Allen & Overy.
Mergers and acquisitions show a sharp decline in the US market: only 38% in 2020, even though it represented almost half (48%) of total transactions in 2019. Western Europe, on the contrary, recorded more transactions (+ 8%), in 2020 they represent 26% of the total carried out worldwide.
In France, the Veolia-Suez operation drove the value of mergers and acquisitions upwards
On the French market, the situation is mixed. On the one hand, the number of mergers and acquisitions transactions has fallen by almost a third compared to 2019. On the other hand, the total value of these transactions is up 7% compared to 2019.
This increase in value was made possible thanks to large-scale transactions such as Worldline’s takeover bid for Ingenico or the takeover by Veolia of 29.9% of Suez’s capital, we note at Allen & Overy.