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Global deals suffer slowest opening quarter since 2003

By James Barnes

08 April 2013 at 10:56 BST

A series of mega-deals failed to spark Q1 2013 into action in what turned out to be the slowest opening quarter in ten years.

Global deals hit 10-year low

According to Mergermarket's Q1 2013 Legal Advisors research, this year’s opening quarter was down 7.6 per cent on the same period last year.


Following on from the strongest quarterly value in five years (Q4 2012, $737bn, 3,561 deals), Q1 2013 saw a decrease in total M&A value of 43.3 per cent.
Q1 2013 saw 2,621 deals valuing $418bn despite four huge deals adding $86.1bn to the total. In comparison, last years mega-deals in the same period added $70.7bn to the total of $452.2bn.
The research found that New York firm Davis Polk & Wardwell lead the global league table by deal value with $82bn-worth of deals, including three of the top ten announced deals.
Only the US and Africa & Middle East saw higher totals in Q1 2013 than in the same period in 2012, with increases in deal value of 38 per cent and 102.5 per cent respectively.


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