U.S. Deal Activity to Remain Robust Through End of 2015, PwC Survey Finds

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June 17 — Continuing a strong 2015, the U.S. mergers and acquisitions market is expected to gain steam through the end of the year, PricewaterhouseCoopers U.S. said June 17.

According to PwC's 18th annual survey of chief executive officers, 54 percent of U.S. CEOs plan to complete an acquisition this year. This makes the U.S. one of the most active dealmakers when compared to their global counterparts, of whom only 29 percent responded similarly, PwC said in a release.

“Corporate boards are deploying record amounts of cash to increase returns, and high stock prices are emboldening buyers and sellers,” Martyn Curragh, principal and PwC’s U.S. Deals leader, said in the release. “The strong U.S. economy and rising confidence signals a strong finish to 2015, making it another record year for M&A value since 2007 and the doldrums of the financial crisis.”

As of May, M&A activity in the U.S. amounted to 4,654 deals worth $875 billion, PwC said. This represents a jump of 9 percent when compared to the same period last year.

PwC also noted that megadeals—transactions valued at greater than $10 billion—accounted for 58 percent of total deal value from January to May. Technology megadeals “drove some of the largest deals in recent history,” it added.

PwC said the industries that will present deal opportunities through the remainder of the year are:

• technology;

• pharmaceuticals;

• entertainment and media; and

• oil and gas.


The health insurance industry also has seen a rise in recent merger talk.

The PwC release is available at http://www.pwc.com/us/en/press-releases/2015/pwc-deals-mid-year-outlook-press-release.jhtml.