Written by wordpress627 on March 21, 2017

Bankers agree that this year’s merger and acquisition activity is not likely to top last year’s numbers, mostly due to a slow start at the beginning of the year, claims an article on CNBC.com. The article attributes the slow start to choppy markets. Nevertheless, technology M&As are taking off and are expected to keep skyrocketing in the last half of the year.

One banker says the delay could have been a result of private market valuations stalling for start-ups, helping them become better targets toward strategic buyers. Our records indicate technology is definitely an industry to watch. In addition, cybersecurity is a growing concern, even in the merger and acquisitions process itself. An article in CIO explains that the unstable environment during M&As is an ideal time for cyber criminals to capitalize on security vulnerabilities.

Nonetheless, our chart of monthly deals reveals a spike in the technology industry. Technology took credit for a decent amount of the merger and acquisition data we collected last month and in the beginning of September, while the energy sector took the most.

Energy seems to be a major player in the merger and acquisition arena this year, according to our data. One banker told CNBC.com that deals in the oil and gas sectors are even expected to get a boost to finish the year, although energy services firms will probably not keep pace. The banker said untapped drilling projects in the Permian Basin – a large swath of land in Texas and New Mexico- will likely be targeted.

The healthcare industry is also on the rise. Our records show it even slightly topped technology, but fell short of the energy sector. In any case, M&A statistics might be slightly off for all data recently published because many M&As and IPOs were put on hold at the beginning of the year, hindering deals in the first quarter, the CNBC article states. While IPOs are expected to rise the last half of the year, bankers think private equity deals could get a boost to close out 2016.

Mergers & Acquisitions Ticker Industry Synopsis Price Expected Completion
Apollo Global Management LLC / AmQuip Crane Rental LLC / from Clearlake Capital Group LP / Maxim Crane Works LP / Platinum Equity NYSE: APO Construction Apollo acquired AmQuip Crane Rental LLC from Clearlake Capital Group LP and Maxim Crane Works LP from Platinum Equity. Not disclosed
JX Holdings Inc,/TonenGeneral Sekiyu KK TYO: 5020; NSE: 5020/TYO: 5012 Energy JX Holdings Inc, Japan’s biggest oil refiner by sales, has agreed to buy TonenGeneral Sekiyu KK, the country’s third-largest refiner by sales. $3.4 billion in stock
Blackstone Group LP/Permian basin NYSE: BX Energy Asset manager Blackstone Group LP will invest in the oil-rich Permian basin, in Texas and New Mexico. $1.5 billion
Irving Oil Private Energy Irving Oil agrees to buy Phillips 66 refinery Not disclosed 23Q 2016
S&P Global Platts / PIRA Energy Group Division of S&P Global NYSE: SPGI; Private Energy S&P signed an agreement to acquire PIRA Not disclosed
Tesla / SolarCity Nasdaq: SCTY; Nasdaq: TSLA Energy Will create vertically integrated energy company $2.6 billion in all stock transaction 4Q 2016
Transocean Ltd. / Transocean Partners LLC NYSE: RIG; NYSE:RIGP Energy Transocean will acquire all outstanding common units of Transocean Partners in a share-for-unit merger transaction 1.1427 Transocean shares for each Transocean Partners common unit. Transocean expects to issue 22.7 million shares 4Q 2016
Idemitsu Kosan Co Ltd/Showa Shell Sekiyu KK TYO: 5019/TYO 5002 Energy The founding family of Japan’s Idemitsu Kosan Co Ltd has made a fresh call on management to give up its plan to merge with rival oil refiner Showa Shell Sekiyu KK.
Zee Entertainment Enterprises Ltd/Sony Pictures Networks BSE: 505537, NSE: ZEEL/subsidiary of Sony Pictures Entertainment Entertainment India’s Zee Entertainment Enterprises Ltd said it has agreed to sell its sports broadcasting business to Sony Pictures Networks. $385 million
Bain Capital Private Financial Bain bought loan and real estate portfolios from three Spanish banks $1.23 billion
CTBC Financial Holding Co Ltd/China CITIC Bank Corp TPE: 2891/601998: CH Financial CTBC Financial Holding Co Ltd, parent of Taiwan’s top credit card issuer, and Chinese state-backed lender China CITIC Bank Corp have canceled investments in each other amid fresh cross-strait political tensions.
Old Mutual/ERGO Italia LSE:OML; JSE:OML; ZSE:OML Financial Old Mutual, which has announced an overhaul of its businesses, said it would sell its Italian wealth arm to Cinven owned ERGO Italia $307 million in cash
Anheuser Busch InBev / SABMiller NYSE: BUD; LON: SAB Food & Beverage Anheuser to take all but one of 19 positions following brewer’s takeover of SABMiller, $100 billion-plus 10/10/16
Cott Corp / S&D Coffee Inc NYSE: COT; TSX: BCB  Food & Beverage Cott Corp. will acquire S&D Coffee $355 million August 2016
Alere Inc/Abbott Laboratories NYSE: ALR/NYSE: ABT Healthcare Diagnostic-testing company Alere Inc said on Friday it sued Abbott Laboratories in an attempt to force the company to move ahead with its takeover of Alere. $5.8 billion
Press Ganey Holdings Inc./ EQT Nasdaq: PGND Healthcare Press Ganey Holdings Inc., a provider of patient satisfaction surveys to healthcare firms, said it had agreed to be acquired by private equity group EQT. $2.35 billion.
Randstad/Monster Worldwide AMS: RAND/NYSE: MWW Human Resources Randstad, the world’s second-largest staffing company, said it plans to acquire Monster Worldwide, the dotcom-era survivor that owns Monsterboard and Jobs.com. $429 million in cash and assumed debt
Australia Post/Aramex Government owned/DFM:ARMX Logistics Australia Post has bought a 4.5 percent stake in Aramex , the Dubai-based logistics firm confirmed.
Aras Kargo/Austrian Post Private/Vienna Stock Exchange:Post.VI Logistics, Media Turkish parcel delivery firm Aras Kargo said it did not see a basis for a continued partnership with Austrian Post and offered repeatedly to buy back the Austrian company’s 25 percent stake in it.
LafargeHolcim Ltd / Siam City Cement Public Co Ltd SIX: LHN/Euronext: LHN; SCCC: TB Manufacturing,Construction Agreement with Siam City for divestment of LafargeHolcim Ltd’s 65% shareholding in LafargeHolcim Vietnam $890.7 million
Allergan plc / Teva Pharmaceutical Industries Ltd. NYSE: AGN; NYSE: TEVA Healthcare Teva wiil acquire Allergan’s distribution business $500 million 2Q 2016
Myriad Genetics, Inc. / Assurex Health Nasdaq: MYGN Healthcare Myriad Genetics, Inc.signed a definitive agreement to acquire Assurex Health $225 million upfront with the potential for $185 million in additional performance-based milestones 1Q 2017
Sanofi / Boehringer Ingelheim NYSE: SNY; Private Healthcare Sanofi secured EU antitrust approval for its proposed buy of Boehringer Ingelheim’s consumer health business  $7.5 billion (part of a $20-billion asset swap)
Shanghai Pharmaceuticals Holding Co Ltd / Primavera Capital / Vitaco Holdings Shanghi: 601607; private; Vitaco Holdings Healthcare The Chinese group has agreed to buy Vitaco  $239 million
China Evergrande Group / China Vanke Co Ltd Hong Kong Stock Exchange: 3333:HK; Shenzhen Stock Exchange: 000002 Real Estate China Evergrande Group has bought an aggregated 4.68% of China Vanke Co Ltd $1.37 billion
China Vanke Co Ltd/Carlyle Group LP SZSE: 000002;SEH: 2202/Nasdaq: CG Real Estate China Vanke Co Ltd is seeking to buy Central Plaza in Shanghai from private equity firm Carlyle Group LP, Basis Point reported on Friday, quoting sources. 2.46 billion yuan ($368.94 million)
Singapore Exchange Ltd / Baltic Exchange SGX: S68; Futures Exchange Shipping, Transportation Singapore Exchange Ltd to buy Baltic Exchange $100 million
Genesys/ Interactive Intelligence Group Inc Private/Nasdaq: ININ Technology Contact center company Genesys agreed to buy Interactive Intelligence Group Inc as it looks to build scale in the telecommunications software and equipment industry. $1.4 billion
Rackspace Hosting Inc/Apollo Global Management LLC NYSE: RAX/NYSE: APO Technology Cloud services provider Rackspace Hosting Inc said it agreed to be taken private by Apollo Global Management LLC as the private-equity firm boosts its investments in the technology sector. $4.3 billion
Verizon Communications / Fleetmatics Group Plc NYSE: Nasdaq VZ; NYSE: FLTX Technology Verizon will acquire Fleetmatics $2.4 billion 4Q 2016
Vivacom/ VTB Bank Joint Stock/MCX: VTBR; LSE: VTBR Technology A consortium led by Bulgarian businessman Spas Roussev has taken control of Bulgaria’s leading telecoms operator Vivacom from Russia’s VTB Bank. $368 million
Aurizon Holdings / Glencore Plc OTCMKTS: AZKHY; LON: GLEN Transportation, Energy Aurizon Holdings has proposed to buy Glencore Plc’s coal rail business in the Hunter Valley in New South Wales $1.1 billion 09/01/16
Lufthansa/time:matters LHA:GR Transportation, Logistics German airline Lufthansa has acquired the remaining 51 percent of express logistics company time:matters as part of a restructuring of its air freight business.
Source: Reuters