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  1. Deals Analysis
March 12, 2019

Financial services industry M&A deals in Q4 2018 total $48.02bn globally

Total financial services industry M&A deals in Q4 2018 worth $48.02bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 20.9% over the previous quarter and a drop of 39.4% when compared with the last four-quarter average, which stood at $79.25bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $21.05bn. At the country level, the United States topped the list in terms of deal value at $20.76bn.

In terms of volumes, North America emerged as the top region for financial services M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in Q4 2018 was the United States with 283 deals, followed by the United Kingdom with 93 and India with 23.

In 2018, as of the end of Q4, financial services industry M&A deals worth $255.05bn were announced globally, marking an increase of 21.3% year on year.

Financial services industry M&A deals in Q4 2018 : Top deals

The top five financial services industry M&A deals accounted for 34% of the overall value during Q4 2018.

The combined value of the top five financial services industry M&A deals stood at $16.32bn, against the overall value of $48.02bn recorded for the quarter. The top announced financial services industry M&A deal tracked by GlobalData in Q4 2018 was Invesco’s $5.71bn acquisition of OppenheimerFunds.

In second place was Legal & General Assurance Society’s acquisition of Nortel Networks UK Pension Plan for $3.15bn and in third place was Mitsubishi UFJ Trust and Banking’s $2.93bn acquisition of CFSGAM IP Holdings, CFSGAM Services, Colonial First State Asset Management (Australia), Colonial First State Infrastructure, Colonial First State Managed Infrastructure, First State Investments Managers (Asia), First State Investments (US), First State Investment (UK Holdings) and Realindex Investments.

Resolution Life Holdings’ $2.34bn asset transaction with AMP and Life Insurance of India’s acquisition of IDBI Bank for $2.19bn held fourth and fifth positions, respectively.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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