Australasian M&A drops in first quarter

The latest figures show steep declines in M&A both annually and quarter over quarter

Australasian M&A drops in first quarter
Mergers and acquisitions of companies with ties to Australia or New Zealand dropped precipitously in the first quarter of the year, according to Reuters’ latest M&A legal advisors league tables.

Announced deals with any Australia or New Zealand involvement totalled US$14.73b in the first quarter, a 42.7% decline from the same quarter in 2016 and a 76.2% fall on the quarter. Announced deals volume totalled 403, down 5% year on year and 28.9% quarter on quarter, respectively.

Completed deals totalled US$12b, down 33% YoY and 67.8% quarter over quarter, respectively. The total number of completed deals is 289, a 4.9% drop on the year and an even larger 24.7% decline compared to the last quarter.

Below are the Australasia league tables:


Source: Thomson Reuters



Source: Thomson Reuters


Related stories:
Firm bullish on 2017 M&A activity as it tops three different league tables
Top firm sees promising year for Australian M&A

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

In-house lawyers feel most vulnerable in these areas

Mills Oakley wins over another partner and team

Record-setting pub transaction succeeds with ABL's help

Law Society of Scotland accredits non-lawyer as legaltech specialist

DLA Piper launches global cannabis practice…

Growth surge: Holding Redlich adds eight in Brisbane, including three special counsel

Most Read Articles

$570m acquisition succeeds with Lander & Rogers' advice

Growth surge: Holding Redlich adds eight in Brisbane, including three special counsel

DWF lures two principals in Melbourne

Hogan Lovells gets finance boost in Sydney with recruit from another global firm