Global deal value in mergers and acquisitions totaled $1.57 trillion for the first half of 2014, with the U.S. leading the way at $694.6 billion.
According to Mergermarket, Europe was second at $453.6 billion, followed by Asia at $286.7 billion to round out the top three major markets.
The global deal value at $1.57 trillion is the highest since 2007, and reflected a 56.3 percent rise from $1.01 trillion for the first half of 2013.
According to Mergermarket, there were 109 more global private equity buyouts in the first half of 2014 compared with the same year-ago period, which boosted values to a postcrisis high of $182.9 billion, or a 9 percent increase, from the first half of 2013.
Among the top deals in the U.S. during the first half was Comcast Corp.’s $68.5 billion planned purchase of Time Warner Cable Inc., and AT&T Inc.’s $65.5 billion announced acquisition of DirectTV.
In the U.S., the first-half deal value at $694.6 billion represented the most active half year for M&A activity since the first half of 2007, which was also up 98.3 percent from the first half of 2013. Deal value in the second quarter at $405.2 billion was up 135.6 percent, or more than double, the year-ago second-quarter deal value at $172 billion.
Mergermarket noted that the average size of European deals jumped 54.9 percent to $520.2 million in the second quarter of 2014 from $335.9 million in the first quarter. Moreover, European bidders are also more active in pursuing foreign targets, with outbound M&A valued at $132.9 billion in the first half, the highest level for any half year since the second half of 2007.
In the Asia-Pacific region, excluding Japan, Mergermarket’s data noted that for the second time since 2001, European firms targeting companies in Asia have registered double-digit values for the last two consecutive quarters. China remains the “most targeted country in Asia with deals valued at $128.1 billion, or up 67.4 percent from the year-ago deal value of $76.5 billion.
In Japan, Mergermarket said “subdued activity” in the first half for M&A resulted in deal values falling to $11.7 billion, or down 50.1 percent compared with the year-ago period. The study noted the reason for the decline was due to “caution among foreign investors.”
M&A deal values in Africa and the Middle East fell to $21.3 billion, for the first half, or 38 percent, from $34.3 billion a year ago.
Emerging markets had a strong first half, with deal value totaling $279.9 billion, or a 23.4 percent jump, from $226.8 billion a year ago.
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge
Jewelry label @alisonlou has made a name for itself with fine jewelry that speaks to the Millennial market. Now @twallz21 reports that the label is bringing those playful ideas to a new affordable line of lucite hoops with the launch of Loucite by Alison Lou. Here’s a look from the line modeled by @emrata. #wwdaccessories
@sarahjessicaparker and @gilt are teaming up on a bridal ready-to-wear line. Tomorrow, Parker will launch SJP by Sarah Jessica Parker Bridal — and as part of the launch, Gilt will offer 15 exclusive styles from the SJP by Sarah Jessica Parker footwear collection that were designed to complement the new line. Made out of 10 styles, the line is designed for a variety of occasions, from bridal showers to receptions. Get more details on WWD.com #wwdfashion
A grooming moment between @tanfrance and @antoni last night at the The LGBT Community Center Trailblazer Awards honoring Anna Wintour, Ricky Martin and more. See more photos at WWD.com #wwdeye (📷: @lexieblacklock)
“It was a very surreal feeling. It wasn’t like we were in the studio together coming up with it — it’s more like he discovered it and loved it. I didn’t let myself get my hopes up, but then it happened it was very exciting,” said singer-songwriter @nombe on discovering that @pharrell would be using his song, “Cant Catch Me” on his HBO documentary series “Outpost.” The German-born singer — named Noah MacBeth — talked to WWD about feminism, using art as a platform for political expression and personal style. Read more on WWD.com #wwdeye (📷: @jilliansollazzo)
This season, denim is going west – in influence. Brands like @fathersdaughterla (pictured here), @tommyhilfiger Jeans, @levis and more are opting for raw, top-stitching styles. (Styled by @thealexbadia; 📷: @ryanplett)