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October saw the return of major fundraisers in the financial services industry and the month's largest deal by value was a EUR 7,500 million rights issue by the Netherlands-based bancassurer ING Groep. Other lenders to feature in the top 20 deals by value with capital increases included Societe Generale, Banco Santander and Barclays.
Private Equity
There was evidence of value returning to the private equity segment, with total value reaching a three-month high of EUR 5,886 million (September 2009: EUR 2,587 million; August 2009: EUR 1,068 million) to stand 76 per cent higher than the EUR 3,337 million total recorded in October 2008. The largest private equity deal by value was the EUR 2,030 million buyout of Anheuser-Busch InBev's Central European activities by CVC Capital Partners.
Geography
The UKled the month's M&A activity by both volume and value with 426 transactions at a total value of EUR 8,124 million putting it comfortably ahead of France, which was second-placed by value with EUR 6,523 million, and Italy, second-placed by volume with 124 deals. UKdeal numbers increased 13 per cent from the 378 transactions recorded in October 2008 but value plunged 89 per cent year-on-year (October 2008: EUR 77,265 million).
Notes to Editors:
Activity is based on the activity of the target company
Deal status is announced
EU is the expanded EU of 27 countries plus Switzerland
The sector breakdown uses targets' activities as defined to be 'Major Sectors' by ZEPHYR
About ZEPHYR
ZEPHYR is an information solution containing M&A, IPO, VC and PE deals and rumours worldwide and is published by Bureau van Dijk Electronic Publishing (BvDEP). It contains information on over 600,000 deals worldwide and includes links to complementary company financials and peer reports from BvDEP's corporate product range for company valuation and benchmarking.
Approximately 100,000 additional deals are added each year depending on levels of deal activity. Wherever possible all deals are verified against a primary source. No minimum deal value is applied; ZEPHYR is an all-inclusive database and offers the ultimate tool for researching deal data.
About Bureau van Dijk Electronic Publishing
Bureau van Dijk Electronic Publishing (BvDEP) is one of the world's leading publishers of electronic business and company information. The company has 30 offices worldwide. BvDEP is best known for its range of international company information products that combines multiple high-quality data sources with flexible software to allow users to manipulate data for research, marketing intelligence and analysis. Products include FAME, ORBIS, AMADEUS, BANKSCOPE, ISISand OSIRIS. BvDEP also publishes the global M&A database, ZEPHYR.
CONTACT: Laura Ellis, BvDEP Tel: +44 (0)161 838 9554 e-mail: zephyreditorial@bvdep.com WWW: http://www.bvdep.com ZEPHYR WWW: http://www.zephyrdealdata.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
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