Overview
M&A activity in the chemical industry peaked in 2007, finishing the year with an estimated $82 billion in total transaction value, a 14 percent increase over 2006. This result was expected, as deal volume in the industry has increased dramatically over the past three years. Cross-border transactions are also driving significant deal activity as cash- and resource-rich buyers begin to diversify globally. For example, the two largest deals in 2007, Basell's acquisition of Lyondell and SABIC's acquisition of GE Plastics (which collectively represented over $31 billion in transaction value), were both cross-border transactions. RSM EquiCo is also experiencing this global diversification first hand, as we are receiving more inquiries from strategic buyers in India looking to invest in and increase exposure to North American and European markets. Read complete report.
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