It’s official, the merger and acquisition boom of this year has officially reached new heights. The total M&A deal volume for 2015 has now surpassed any year ever, and the year is not even over yet. As of yesterday, total announced M&A deals hit $4.304 tn, surpassing 2007’s peak of $4.296 tn. The pace means that a total of $4.7 tn of deals may be announced this year, which would be the most in total Dollars by far, but a bit short of 2007’s inflation-adjusted figure of $4.9 bn total. The figures reflect the hyper-speed with which companies have gobbled each other up this year, and signify a market in which businesses feel there is little organic top line growth to be had.
OxWFD: The corollary to 2007 is worrying. Are we at the peak of a market that is about to fall? While the credit system certainly seems safer, the high valuation of the market as a whole makes stocks look worrying.
Source: Wall Street Journal