12:11 PM
Financial Services M&A Activity Drops Again in 2013
Mergermarket has released its Global M&A roundup for 2013. The following are additional findings by their research team around financial service specific M&A activities.
Information is based on announced deals throughout 2013, excluding lapsed and withdrawn bids.
The Financial Services sector, confronted with the ongoing prospect for regulatory changes, declined from 2012 (US$ 282.8 billion), ending 2013 with deals valued at US$ 235.8 billion.
The sector saw the second highest decline compared to its peak year, down 59.5% from 2007 (US$ 582.8 billion). The only other decline larger than this was in Leisure M&A, which decreased 72.9% from its peak in 2006 (US$ 130.5 billion) to US$ 35.4 billion in 2013.
The full report can be found here.
Becca Lipman is Senior Editor for Wall Street & Technology. She writes in-depth news articles with a focus on big data and compliance in the capital markets. She regularly meets with information technology leaders and innovators and writes about cloud computing, datacenters, ... View Full Bio