In today's headlines: tax cuts and economic growth fuel U.S. companies M&A activities. More than $325 billion of bids have been launched so far in 2018, according to Dealogic, with all-cash offers outstripping all-share offers by 3-to-1 in dollar terms, highlighting the continued availability of cheap debt as well as the income boost to come from tax cuts. Deals for growth at home also outnumber bids for overseas targets by more than 3-to-1 in dollar terms.
Anticipating a change in cost of debt, CVS Health's $40 billion M&A bond was the third largest U.S. dollar high-grade corporate deal on record. The CVS bond will help finance the $69 billion acquisition of health insurer Aetna.
Anticipation, timing, understanding the influence of multiple market factors, in-depth review of multiple asset candidates, Barclay Consulting LLC supports your company's innovation strategy.