In our final issue for 2015, we review M&A trends for 2015 and the outlook for 2016 in Australia, India, the MENA region, the Nordics, South Korea, Spain, UK and the USA. Several other countries will be covered in our January 2016 issue.
In Australia and the USA, there was a move towards larger value transactions with a decline in deal count. Domestic transactions were ahead of cross-border activity in Australia while the UK relied mainly on outbound investments to enjoy a strong M&A year.
South Korea continues to attract investment interest; there is also significant activity within the country as Chaebols restructure to enhance control and minimize inheritance taxes. India attracted fewer but larger value inbound deals, otherwise remaining flat in total deal value.
Middle East and North Africa suffered reduced activity levels as regional political turmoil and the impact of the slump in oil prices took effect, even in the historically strong GCC countries.
Spain and the Nordic region continue the feature of larger deal values, but contrast in overall performance – strong M&A activity levels in Spain compared to a slower year for the Nordic region.
The outlook for 2016 continues to be good with most of our offices forecasting M&A activity to go beyond current levels. On this optimistic note, on behalf of GCA, I wish you enjoyable holidays and a prosperous New Year.