Top M&A Deals in 2022

In 2022, the value of strategic M&A deals dropped to the lowest level in 10 years, and the gap between seller and buyer valuations was still wide. Certain companies, however, made the most of the volatile market to pursue their M&A goals.

A successful merger between United Technologies & Rockwell Collins made the world’s top manufacturing of defense and aerospace company. The deal was valued at $135 billion, and was a win for the buyers and sellers alike, allowing them to expand their customer base as well as increase revenues.

In another example, LSEG (the M&A deals owner of Europe’s biggest financial markets) acquired a competitor in the US NYSEG in order to establish the world’s most comprehensive market data provider. This acquisition strategic will allow LSEG to better serve its clients by providing them with extensive trading tools, data and analytics, as well as risk management services across international financial markets.

The success of vertical M&A is evident in the $70-billion acquisition of Aetna by CVS Health, which transformed the landscape of healthcare by merging health insurance and pharmacy services into one. The energy industry also saw a vertical merger form ONEOK’s purchase Magellan midstream Partners L.P. for an impressive $18.8 Billion. This deal is expected to transform the oil and gas infrastructure. Additionally, the state-owned Chinese chemical company ChemChina joined forces with its competitor Sinochem to become the world’s largest industrial chemical conglomerate. This is an excellent example of how M&A can be used to benefit in times of uncertainty.

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