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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 203.65
Bid: 203.95
Ask: 204.05
Change: -0.70 (-0.34%)
Spread: 0.10 (0.049%)
Open: 204.00
High: 207.45
Low: 202.75
Prev. Close: 204.35
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Worldwide M&A activity falls 23 pct, but U.S. has a flurry

Fri, 19th Feb 2016 11:06

By Anjuli Davies

LONDON, Feb 19 (Reuters) - Worldwide mergers andacquisitions deals have fallen 23 percent to $336 billion so farthis year compared with last year, but cross-border activity byamount targeting U.S.-based companies reached a record high,Thomson Reuters data shows.

After hitting a record high by deals value in 2015,worldwide M&A activity has been hurt this year by falling oilprices, worries about slowing growth in China and the health ofthe financial sector.

A trio of deals for U.S. companies topped the list of M&Aannounced this week, including Chinese company Tianjin Tianhai's$6.3 billion offer for U.S.-based Ingram Micro, bringingyear-to-date China outbound M&A targeting the U.S. to $23.3billion.

China, Ireland and Canada account for 88 percent ofcross-border acquirers in the U.S. so far this year.

European M&A activity, which lagged the U.S. in 2015, hashit $92 billion so far this year, up 4 percent compared with ayear ago, after state-owned ChemChina announced it would buySwiss seeds and pesticides group Syngenta for $43billion in February.

Goldman Sachs holds the top spot in the global M&Aleague tables followed by JPMorgan and Barclays.

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And http://trmcs-documents.s3.amazonaws.com/3501ec8eae589bfbef9cc1729a7312f0_20160219092558_Weekly%20Scorecard%20Template%20021816.pdf >>>

(Reporting By Anjuli Davies)

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