US M&A share sinks to lowest on record

AMERICA’S share of the global M&A market has hit a record low, according to research by data provider Dealogic.

Deals targeted at the US market made up just 30 per cent of global M&A volume thus far in 2012, a record low year-to-date share, down from 34 per cent at the same point in 2011.

American M&A volume has hit a mere $202bn (£126bn) so far this year, driven by strong showings from oil & gas ($34bn), followed by the technology ($30bn) and healthcare ($28.6bn) sectors.

But it is still a far cry from 1998 when US targeted M&A activity accounted for 65 per cent of the global volume.

Goldman Sachs leads the 2012 US targeted M&A advisory ranking with $63.7bn, followed by JPMorgan with $62.1bn and Citi with $40.8bn.