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.
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye