A total of 68 mergers and acquisitions deals valued at $13.8bn were recorded in the equipment and services industry during the first quarter of this year, according to a report by GlobalData.
Titled ‘Quarterly Equipment and Services Deals Review – Q1 2017’, the report states that out of the total of 68 deals, 25 were domestic and the remaining were cross-border deals.
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The Americas region witnessed the highest number of mergers and acquisitions of 34, valued at $8.5bn, during the quarter. Six out of the total 34 deals were cross-border, while the rest were domestic deals.
A 32% share of the market was captured by the EMEA region with 22 acquisitions. Cross-border deals in the region were 14, while the rest were domestic.
The APAC region registered 12 global deals, or 18% share of the market. Out of the 12 deals, five were cross-border and the rest were domestic acquisitions.
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By GlobalData
