First quarter sees four M&A mega-deals

Data out from Mergermarket today shows that while merger totals were relatively subdued in the first quarter, so-called mega deals picked up on last year. Four large deals this year brought the large deals total to $87.7bn from $70.7bn in the same quarter last year. JP Morgan was involved in all of the big four deals:

JPMorgan came top of the global financial advisor league table with deals valued at US$ 124.2bn. The firm also led the US financial advisor table by deal value. The last time JPMorgan led in an annual financial advisor table was in 2008 and by quarter it was Q1 2011.


One of the more spectacular trades emerging this quarter has involved tech-giant Dell. Our tech specialist James Titcomb:

Last week, a special Dell committee – set up to explore possible bids for the company – revealed that Blackstone proposed to make an offer that would value Dell at more than $25bn (£16.5bn). This is superior to the $24.4bn offer that Michael Dell, who has teamed up with buyout specialists Silver Lake Partners and Microsoft, tabled in February.

(Full article)