Wednesday, May 30, 2007
May is coming to an end, and this sixth wave of takeover activity is on pace to reach record levels. According to preliminary statistics released by Thomson Financial, M&A deals worth over $496 billion have been announced world-wide so far in May; while the figure in the United States is over $191 billion. Year to date, there has been $2.2 trillion in world-wide announced M&A activity with $830 billion of that occurring in the United States. Private equity has accounted for roughly half of this years' M&A activity in the United States. This world-wide activity is the highest ever for a May, and if it continues, will surpass the prior record set in 2000.