Mergers and Acquisitions Up 15% in Value Terms in Wales; TOTAL NUMBER OF M&A DEALS FALLS FROM 154 TO 136

Western Mail (Cardiff, Wales), January 7, 2013 | Go to article overview

Mergers and Acquisitions Up 15% in Value Terms in Wales; TOTAL NUMBER OF M&A DEALS FALLS FROM 154 TO 136


Byline: RHODRI EVANS Assistant Business Editor rhodri.evans@walesonline.co.uk

HE number of mergers and acquisitions deals in Wales fell by more than 11% last year, according to figures released today by Experian.

Figures for 2012 collated by the global information company show that there were 136 M&A deals in Wales in the year to December 24 - down from 154 the previous year.

But while the overall number of deals fell, the total value of the deals in Wales during the period was almost 15% higher than last year. The figures showed that the value of deals in 2012 stood at PS2.9bn, up PS382m on 2011.

The figure has been boosted by larger deals, including the PS645m deal for the sale of Wales & West Utilities to a Chinese consortium led by Cheung Kong Infrastructure Holdings.

Across the UK as a whole there was a 15% upturn in the number of very large transactions.

The number of very large 'mega deals' worth over PS1bn announced in 2012, increased from 34 in 2011 to 39 - worth a total of PS128bn.

The majority of these 'mega deal' transactions were cross-border in nature. It included the PS5bn acquisition of NDS Group, a Middlesex pay TV software firm, by California-based Cisco Systems Inc and the PS4.6bn investment of Nottingham-based retail chemist group Alliance Boots by US drugstore chain, Walgreen Co.

Across the UK, the overall number of mergers, acquisitions, flotations, rights issues and placements announced fell by 3%, from 4,683 transactions in 2011 to 4,543 in 2012. This was led primarily by a decline in deal-making in the final quarter of the year, which saw volumes down by 11% compared to Q4 2011. Thanks to the number of 'mega deals' however, the total value of deals increased by 4.8%, from PS231 billion in 2011 to PS242 billion in 2012.

Despite the fall in volume overall, the UK is performing well compared to the rest of Europe, which saw a 10. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Mergers and Acquisitions Up 15% in Value Terms in Wales; TOTAL NUMBER OF M&A DEALS FALLS FROM 154 TO 136
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.