Slideshow: Top 10 PE-backed Deals This Year
Worldwide M&A increased 40% to $1.4 trillion for global announced transactions, according to data from Thomson Reuters. Surprisingly, second quarter's results showed a slow down. Second quarter announced M&A dropped 22% to $611 billion from Q1's $791 billion, Thomson Reuters said. Buyouts were more positive. Globally, PE-backed M&A hit $112.2 billion during the first half of this year, a 40% boost from the same time period in 2010. U.S. targets accounted for 41% of first half activity, Thomson Reuters said. There's been a lot of talk about when large LBOs will return. We have yet to see a $10 billion-plus deal hit the market. We did get close, though (you have to look at the list to find out). So what was were the largest buyouts this year? Here's a ranking of the top 10 PE-backed transactions so far in 2011, according to Thomson Reuters.
