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ID - International M&A in Q1 fares better than US or Canada - April 2019
The international upstream deal
market fared significantly better than the
US and Canada in the wake of the late2018 oil price decline. That may
seem strange since disclosed
international deal values
dropped 60% from $8.84 billion in 4Q18
to $3.56 billion in 1Q19, the lowest level
since 2Q12, according to the Global M&A
Database. However, compare that to US
M&A’s 78% drop to a 10-year low of $4.17
billion and the 93% plummet to $52 million
seen in Canada.
Looking at the number of sheer deals,
international M&A......
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