GLOBAL STATISTICAL UPDATE – XBMA Quarterly Review for First Quarter 2012
Executive Summary/Highlights: Global M&A volume in Q1 2012 was US$481 billion (US$1.9 trillion on an annualized basis), down 16% from Q4 2011. Many ingredients of an M&A resurgence are present, including would-be strategic and private equity acquirers’ considerable cash stockpiles and improving balance sheets, a historically low cost of debt financing for investment grade borrowers, … Continued