Deal activity dropped significantly during first quarter 2009 in the global transportation and logistics industry, according to PricewaterhouseCoopers LLP’s Intersections: First-quarter 2009 mergers and acquisitions analysis. During the first quarter, 18 deals were announced at a disclosed value of at least $50 million each, marking a serious slowdown from fourth quarter 2008, when 43 such deals were announced.
Activity continued to increase among non-U.S. parties during first quarter 2009. Foreign entities made up 94% of deal volume for T&L targets in the quarter, up from 71% in 2007 and 81% in 2008. Only one U.S. entity announced a deal during first quarter 2009.
Average deal values declined significantly, from $513 million in 2008 …
Transportation & Logistics Deals Fall Off In 1Q
Deal activity dropped significantly during first quarter 2009 in the global transportation and logistics industry, according to PricewaterhouseCoopers LLP’s Intersections: First-quarter 2009 mergers and acquisitions analysis. During the first quarter, 18 deals were announced at a disclosed value of at least $50 million each, marking a serious slowdown from fourth quarter 2008, when 43 such deals were announced.
Activity continued to increase among non-U.S. parties during first quarter 2009. Foreign entities made up 94% of deal volume for T&L targets in the quarter, up from 71% in 2007 and 81% in 2008. Only one U.S. entity announced a deal during first quarter 2009.
Average deal values declined significantly, from $513 million in 2008 …
Share this article
- Filed In: Finance, Free, Mergers & Acquisitions, News, Subscriber Only
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
