Report: June M&A value highest in more than a year
New York—A total of 392 M&A transactions and investments were announced last month in the marketing, media, technology and business information/services industries, according to Petsky Prunier's monthly report on M&A and investment activity. Reported deal value totaled $21.6 billion across all segments, an increase of 7% from $20.2 billion in May, and the highest reported monthly value in more than a year, the investment bank said.
The number of deals increased 8% from 364 in May, for the fifth consecutive month-over-month rise.
Compared with June 2012, the number of announced deals rose 3%, and the reported deal value surged 69%.