List of largest mergers and acquisitions
The following tables list the largest mergers and acquisitions in their respective decade. Transactions are given in the dollar value for the year of the merger as well as adjusted for inflation. The largest ever acquisition is the 1999 takeover of Mannesmann by Vodafone Airtouch PLC at $202 billion ($287 billion adjusted for inflation). Pfizer appears in these lists the most times, with four entries.
1990s
Top 10 M&A deals worldwide by value from 1990 to 1999:[1]
Rank | Year | Purchaser | Purchased | Transaction value (in billions USD) |
Inflation adjusted (in billions 2016 USD) |
---|---|---|---|---|---|
1 | 1999 | Vodafone[2] | Mannesmann | 202 | 287 |
2 | 1999 | Pfizer[3] | Warner-Lambert | 90 | 128 |
3 | 1998 | Exxon[4][5] | Mobil | 77.2 | 112 |
4 | 1998 | Citicorp | Travelers Group | 73 | 106 |
5 | 1999 | SBC Communications | Ameritech Corporation | 63 | 90 |
6 | 1999 | Vodafone Group | AirTouch Communications | 60 | 85 |
7 | 1998 | Bell Atlantic[6] | GTE | 53.36 | 78 |
8 | 1998 | BP[7] | Amoco | 53 | 77 |
9 | 1999 | Qwest Communications | US WEST | 48 | 68 |
10 | 1997 | Worldcom | MCI Communications | 42 | 62 |
2000s
Top 10 M&A deals worldwide by value from 2000 to 2010:[1]
Rank | Year | Purchaser | Purchased | Transaction value (in billions USD) |
Inflation adjusted (in billions 2016 USD) |
---|---|---|---|---|---|
1 | 2000 | AOL Inc.[8][9] | Time Warner | 165 | 227 |
2 | 2007 | ABN Amro BV | RFS Holding BV | 98 | 112 |
3 | 2000 | Glaxo Wellcome Plc. | SmithKline Beecham Plc. | 76 | 105 |
4 | 2004 | Royal Dutch Petroleum | "Shell" Transport & Trading Co. | 75 | 94 |
5 | 2006 | AT&T Inc.[10][11] | BellSouth Corporation | 73 | 85 |
6 | 2001 | Comcast Corporation | AT&T Broadband | 72 | 96 |
7 | 2009 | Pfizer Inc. | Wyeth | 68 | 75 |
8 | 2002 | Pfizer Inc. | Pharmacia Corporation | 60 | 78 |
9 | 2004 | JPMorgan Chase & Co.[12] | Bank One Corporation | 59 | 74 |
10 | 2008 | InBev Inc. | Anheuser-Busch Companies, Inc. | 52 | 57 |
2010s
Top 10 M&A deals worldwide by value from 2011 to 2020 (correct as of 31 December 2015):
Rank | Year | Purchaser | Purchased | Transaction value (in billions USD) |
Inflation adjusted (in billions 2016 USD) |
---|---|---|---|---|---|
1 | 2013 | Verizon Communications [13] [N 1] | Verizon Wireless | 130 | 132 |
2 | 2015 | Dow Chemical[14] [N 2] | DuPont | 130 | 130 |
3 | 2015 | Anheuser-Busch InBev [N 3] | SAB Miller | 117.4 | 117 |
4 | 2015 | Heinz[15] [N 4] | Kraft | 100 | 100 |
5 | 2016 | AT&T Inc[16] [N 5] | Time Warner | 85.4 | 85 |
6 | 2015 | Charter Communications[17] [N 6] | Time Warner Cable | 78.7 | 79 |
7 | 2015 | Actavis | Allergan, Inc | 70.5 | 71 |
8 | 2015 | Royal Dutch Shell[18] | BG Group | 70 | 70 |
9 | 2015 | Dell [N 7] | EMC Corporation | 67 | 67 |
10 | 2016 | Bayer | Monsanto | 66 | 66 |
Notable M&A deals from 2010s include:[19][20] In 2015 Pfizer sort to acquire Allergan, Plc for $160 billion, this deal was abandoned in April 2016 due to new US tax legislation coming into force.[21]
Year | Purchaser | Purchased | Transaction value (in billions USD) |
---|---|---|---|
2015 | AT&T Inc[N 8] | DirecTV | 49 |
2015 | Anthem Inc | Cigna Corp | 47 |
2016 | British American Tobacco[N 9] | R. J. Reynolds Tobacco Company | 47 |
2015 | Medtronic | Covidien | 42.3 |
2015 | Teva Pharmaceutical Industries[22][23][24][N 10] | Actavis Generics | 40.5 |
2015 | Berkshire Hathaway[25] [N 11] | Precision Castparts | 37.2 |
2016 | Shire[26] | Baxalta | 32.0 |
2016 | Softbank | ARM Holdings | 32.0 |
2016 | Abbott Laboratories | St Jude Medical | 30.5 |
2012 | Deutsche Telekom | MetroPCS | 29.0 |
2013 | Berkshire Hathaway and 3G Capital | Heinz | 28.0 |
2016 | Microsoft[27] | 26.2 | |
2016 | Johnson Controls | Tyco International | 22.0 |
2013 | Softbank | Sprint Corporation | 21.6 |
2012 | Johnson & Johnson | Synthes | 19.7 |
2014 | 19.0 | ||
2015 | Intel [28][29] | Altera | 16.7 |
Largest ever deals which have failed to complete
This lists catalogues M&A deals which were confirmed, but for a number of reasons, failed to complete.
Rank | Year | Purchaser | Purchased | Transaction value (in billions USD) |
Inflation adjusted (in billions 2016 USD) |
---|---|---|---|---|---|
1 | 2015 | Pfizer[30] | Allergan, plc | 160 | 160 |
2 | 2008 | BHP Billiton[30] | Rio Tinto | 148 | 163 |
3 | 1999 | MCI WorldCom[30][31] | Sprint | 129 | 184 |
4 | 2014 | Pfizer[30] | Astra Zeneca | 123 | 123 |
5 | 1999 | MCI WorldCom[30] | Sprint | 111 | 158 |
6 | 2004 | Comcast[32] | Disney | 66 | 83 |
7 | 2014 | AbbVie[33] | Shire | 54 | 54 |
8 | 2016 | Halliburton[34] | Baker Hughes | 38 | 38 |
9 | 2014 | Omnicom[35] | Publicis | 35 | 35 |
Notes
- ↑ Verizon purchased the 45% stake in Verizon Wireless owned by Vodafone for $130 billion.[79] The deal closed on February 21, 2014, becoming the third largest corporate deal ever signed, giving Verizon Communications sole ownership of Verizon Wireless
- ↑ Merger of equals, Confirmed not completed
- ↑ Largest acquisition in brewing sector history, Confirmed not completed
- ↑ 51/49% merger with Kraft shareholders receiving $16.50 special dividend
- ↑ Confirmed not competed
- ↑ Confirmed not competed
- ↑ Largest acquisition in technology sector history, Confirmed not completed
- ↑ $67.1 billion with assumed debt
- ↑ $47 billion for 57.8%, giving a total value of $81.3 billion
- ↑ 40.5 billion = $33.75 billion in cash + $6.75 billion worth of shares
- ↑ Confirmed not completed
See also
- List of largest companies by revenue
- List of companies by employees
- List of companies by profit and loss
- List of public corporations by market capitalization
- List of largest pharmaceutical mergers and acquisitions
- List of largest corporate spin-offs
References
- 1 2 "Statistics on Mergers & Acquisitions (M&A) - M&A Courses | Company Valuation Courses | Mergers & Acquisitions Courses". Institute for Mergers, Acquisitions and Alliances. Retrieved 2012-12-18.
- ↑ "Mannesmann to accept bid - February 3, 2000". CNN. February 3, 2000.
- ↑ Pfizer and Warner-Lambert agree to $90 billion merger creating the world's fastest-growing major pharmaceutical company
- ↑ "Exxon, Mobil mate for $80B - December 1, 1998". CNN. December 1, 1998.
- ↑ "FINANCE: EXXON-MOBIL MERGER COULD POISON THE WELL". Retrieved 28 August 2015.
- ↑ "Fool.com: Bell Atlantic and GTE Agree to Merge (Feature) July 28, 1998". Retrieved 28 August 2015.
- ↑ http://www.eia.doe.gov/emeu/finance/fdi/ad2000.html
- ↑ Online NewsHour: AOL/Time Warner Merger
- ↑ "AOL and Time Warner to merge - January 10, 2000". CNN. January 10, 2000.
- ↑ "AT&T To Buy BellSouth For $67 Billion". CBS News. March 5, 2006.
- ↑ "AT&T Press Release Headlines & News from AT&T". Retrieved 28 August 2015.
- ↑ "J. P. Morgan to buy Bank One for $58 billion". CNNMoney.com. 2004-01-15.
- ↑ "Vodafone sells Verizon stake for $130bn". 2 September 2013 – via www.bbc.co.uk.
- ↑ "Dow Chemical, DuPont reach deal on merger". USA TODAY. 11 December 2015.
- ↑ "Heinz to merge with Kraft to create US food giant". Telegraph.co.uk. 25 March 2015.
- ↑ http://www.bbc.co.uk/news/business-37742991
- ↑ "EX-99.1".
- ↑ Javier Blas and Rakteem Katakey (8 April 2015). "Shell Will Buy BG Group for $70 Billion in Cash, Shares". Bloomberg.com.
- ↑ "The Biggest M&A Deals of 2011 - A running tally - Businessweek". Images.businessweek.com. Retrieved 2013-08-01.
- ↑ "Johnson & Johnson's $19.7B Synthes Deal: A Surprise Earnings Boost". Forbes.com. Retrieved 2015-08-18.
- ↑ Cynthia Koons,Michelle Cortez (22 November 2015). "Pfizer and Allergan to Combine With Joint Value of $160 Billion". Bloomberg.com.
- ↑ "Allergan Accelerates Transformation to Branded Growth Pharma Leader by Divesting Global Generics Business to Teva for $40.5 Billion". Allergan. 27 July 2015. Retrieved 27 November 2015.
- ↑ Koons, Cynthia (27 July 2015). "Teva CEO: $40.5 Billion Allergan Deal is Just the Beginning". Bloomberg L.P. Retrieved 27 November 2015.
- ↑ Somayaji, Chitra (27 July 2015). "Teva Snaps Up Allergan's Generics Arm, Dumping Mylan". Bloomberg L.P. Retrieved 27 November 2015.
- ↑ David Kass (20 October 2015). "Valuation Of Precision Castparts". investing.com.
- ↑ "M&A Deals Reach Record Levels".
- ↑ "Microsoft to acquire LinkedIn | News Center". news.microsoft.com. Retrieved 2016-06-13.
- ↑ IntelPR. "Intel Completes Acquisition of Altera". Intel Newsroom.
- ↑ Andy Giegerich (29 December 2015). "Intel Corp. completes Altera Corp. purchase - Albuquerque Business First". Albuquerque Business First.
- 1 2 3 4 5 "M&A Boom Implodes, US Deal Failures in 2016 Worst Ever". 7 April 2016.
- ↑ "European Commission - PRESS RELEASES - Press release - Commission prohibits merger between MCI WorldCom and Sprint".
- ↑ "Comcast walks away from Disney bid".
- ↑ Brodbeck, Laura (31 December 1969). "(SHPG), (ABBV) - 10 Giant M&A Deals That Almost Happened...But Fell Through At The Last Minute".
- ↑ http://fortune.com/2016/06/30/broken-deal-mergers-acquisitions-2016/
- ↑ "Battle for control destroyed $35-billion Omnicom-Publicis merger". 9 May 2014 – via Reuters.