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Between Proxy Seasons: Four Trends to Watch
Yahoo Finance· 2025-09-25 18:07
Group 1 - The 2025 proxy season has highlighted the importance for companies to review macrotrends and shareholder feedback to inform their strategies for the upcoming year [2] - Analysts had anticipated a boom in M&A activity for 2025 due to pro-business policies and a favorable antitrust environment, which partially materialized in the first half of the year with a 15% increase in global deal value despite a 9% decrease in deal volume compared to 2024 [3][4] - The rise in deal value was primarily driven by megadeals in select sectors, indicating potential for further expansion in M&A activity, especially with the Federal Reserve's recent interest-rate cuts [5] Group 2 - As M&A activity rebounds, underperforming companies are expected to face increased activist campaigns focused on M&A strategies, including calls for strategic reviews and divestitures [6] - The trend of private activism is on the rise, with activists opting for behind-the-scenes engagement rather than public confrontations, appealing particularly to smaller funds that lack the resources of larger activists [7][8]
普华永道:2025年上半年中国并购市场交易额同比大增45%
Zheng Quan Ri Bao Wang· 2025-08-25 10:41
Group 1 - The core viewpoint of the report indicates that the Chinese corporate M&A market saw a significant increase in disclosed transaction value, exceeding $170 billion in the first half of 2025, representing a 45% year-on-year growth [1] - Domestic strategic investors have shown a remarkable increase in M&A activities, with transaction values surpassing $100 billion, more than doubling compared to the same period last year [1] - The report highlights that there were 20 mega M&A transactions (each exceeding $1 billion) during this period, showing a significant year-on-year increase [1] Group 2 - Key sectors for mega M&A transactions include high technology, health care, and industrial fields, indicating a shift in investment focus [1] - The surge in domestic strategic investor M&A activities is attributed to multiple positive factors, including the explosive growth of DeepSeek AI at the beginning of 2025, which invigorated the high-tech sector and positively impacted the overall economic environment [1] - The recovery of valuations in the Hong Kong capital market and the revival of the IPO market have created a favorable financial environment for M&A activities [1] Group 3 - The report anticipates that the total transaction value for the entire year of 2025 may achieve significant growth compared to 2024, driven by factors such as state-owned enterprise reforms, optimization of multinational company assets, and concentrated exits of private equity funds [1]