Slideshow: U.S. M&A Remains Slow But Steady
The donkey is a slow and steady animal.
In a surprise, the U.S. M&A market seems quite steady.
There were 101 U.S. announced deals this week (Nov. 25 to Nov. 30), valued at $32.9 billion, according to data from Thomson Reuters. This compares to last year, when there were 82 U.S. announced mergers from Nov. 20 to Nov. 26 (the last full week of November), totaling about $24.5 billion.
The biggest deal was a real estate transaction. Equity Residential and AvalonBay Communities agreed to buy Archstone for $6.5 billion in cash and stock.
In the private equity world, M&A remained consistent. There were 23 U.S. announced mergers this week, totaling $6.1 billion. This compares to last year when there were 13 deals valued at $7.2 billion.
Here’s the top five PE deals, according to Thomson Reuters.
Photo courtesy of Shutterstock
On Monday, Brynwood Partners said it had sold its investment in Balance Bar, which provides energy bars that are sold a retailer like Target, Safeway and Whole Foods. NBTY, which is backed by the Carlyle Group, was the buyer.
Thomson Reuters values the deal at $78 million.
Photo courtesy of Shutterstock
