PwC releases Q1 M&A analysis for chemicals sector

In the US, PwC has released its Q1 2016 M&A analysis for the chemicals sector, noting that specialty chemicals accounted for half of all the deal volume in Q1, compared to only 30% in Q4 of 2015.

Asia and Oceania are still the largest acquirer region, with 59% of all deals announced in these regions.

There were two megadeals (deals valued at $1 billion or more) announced, valued at a total of $53.5 billion, representing 87% of total deal value for the quarter. The largest deal announced was state­owned China National Chemical Corp’s acquisition of Swiss agrochemical and seed producer Syngenta AG (ChemChina­Syngenta) for more than $44 billion. The other megadeal was Sherwin­Williams announced $9.3 billion acquisition of Valspar. Cross­border deal volume share increased in 1Q16 both sequentially and year-
over­ year.

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