China Leads BRIC Countries Acquiring U.S. Targets

BRIC Acquirers of US Targets China is becoming a significant purchaser of U.S. M&A targets, announcing acquisitions worth $103.8 billion in 2016, according to Bloomberg data.

The other BRIC countries, Brazil, Russia and India, have not developed the same level of interest in U.S. targets.

Acquirers from only two other countries purchased more U.S. assets during 2016: Canada ($125.3 billion) and U.K. ($112.5 billion).

The top 3 purchasers of U.S. targets since 2010 were: Canada ($483 billion), U.K. ($406.9 billion) and (Japan $266.2 billion).

Are U.S. Acquirers Looking to BRIC Countries?

When going the other direction, U.S. purchasers have maintained their interest in India, announcing 84 deals in 2016. BRIC MandA by US Acquirers

Brazilian deals have higher reported aggregate deal value than other BRIC countries, announcing 68 deals valued at $19.4 billion in 2016.

On the other hand, interest in China has waned considerably since its 117 deals in 2010, falling to a seven year low of 43 deals in 2016, a decrease of 18.9 percent from 2015.

For more on the latest trends in cross-border M&A, Bloomberg Law subscribers can access the Quarterly Cross-Border M&A Market Update.