April 1, 2011
The number of deals is higher than the 206 deals done as of the same date in 2010, but the value pales against last years $65.8 billion in volume in the corresponding period, Dealogic data show.
The M&A wallet also contracted, but not by as much. In the year to February 23, banks made $61 million in fees, down from $103 million from M&A in the corresponding period of 2010.
Leading this years field, Ashmore Energy International (AEI) announced the sale of 10 operating companies to nine acquirers in a $4.8 billion trade that represented 80% of its assets. Goldman Sachs and Itaú had been advising the Houston-based energy company on its asset divestiture, which included co
In the year through February 23, a total of 212 M&A deals worth $18.7 billion was reported, according to Dealogic.