January 23, 2014 | By Barbara Vergetis Lundin

Mergermarket has released its 2013 global mergers and acquisitions (M&A) report for the energy, mining and utilities sector.

Credit: Heb/Wikimedia Commons

In 2013, M&A activity in global energy, mining and utilities (EMU) totaled $426.7 billion -- a decline of 26.5 percent from 2012 when global M&A hit $580.7 billion. The sector was overshadowed by technology, media and telecommunications activity in 2013, putting an end to the EMU's three-year consecutive increase and previous dominance, according to Mergermarket.

Even though the fourth quarter of 2013 was valued at $116 billion and was the lowest final quarter of any year since 2008, when quarter four was valued at $48.5 billion, it was the highest valued quarter of 2013. Fourth quarter deal values increased by 20.1 percent, or $96.6 billion, compared to the third quarter.

The $42.2 billion utilities industry saw a 48.1 percent increase in value ($28.5 billion) over 2012. The $331.7 billion energy and $52.7 billion mining industries saw a drop in transaction values -- 23.8 percent and 54.8 percent, respectively -- compared to 2012 when energy was valued at $435.4 billion and mining was valued at $116.8 billion.

For more:
- see this report

 

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