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: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty