Year of the mega-merger Driven by megadeals between pharmaceutical, energy and consumer giants, and powered by cheap credit, the value of mergers and acquisitions in 2015 hit a record $4.59 trillion ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Deal value ($ trillion) 0 1 2 3 4 5 2003 04 05 06 07 08 09 10 11 12 13 14 15 1.45 2.06 2.93 3.91 4.29 2.89 1.97 2.43 2.56 2.59 2.13 3.50 4.59 2003-07: Pre-crisis credit boom Global mega-deals 67 worth $10bn-plus 18 worth $30bn-plus Americas $2.48 trillion 50 megadeals worth $1.40 trillion Asia-Pacific $1.20 trillion EMEA* $880 billion Other $30bn Eight megadeals $171.8bn Nine megadeals $301.2bn *Europe, Middle East and Africa ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Biggest mergers and acquisitions $160bn Pfizer and Allergan $107bn Anheuser-Busch InBev and SABMiller $79.3bn Royal Dutch Shell and BG Group ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Sources: Dealogic, Thomson Reuters Mergers and Acquisitions Review, IMAA