An kulla yarjejeniyar da ta kai $1.3tn a cikin kwata na farko na 2021 a cikin rikodin yau da kullun da aka yi ta hanyar manyan yarjejeniyoyin mega da yawa. SPACs

(ATF) Ayyukan haɗin gwiwar duniya da saye (M&A) sun fara mafi ƙarfi a cikin shekara a cikin shekaru arba'in, yayin da yin yarjejeniya ya karu a farkon kwata na 2021 a cikin rikodin shekara zuwa yau, tare da kamfanoni da kamfanonin saka hannun jari suna gaggawar samun nasara. gabanin canje-canjen yadda mutane ke aiki, siyayya, kasuwanci da karɓar kiwon lafiya yayin bala'in.

An kulla yarjejeniyar dala tiriliyan 1.3 a cikin watanni uku zuwa 30 ga Maris, duk da cewa tattalin arzikin duniya ya ci gaba da fama da cutar, kodayake adadin yarjejeniyar ya karu da kashi 6% kawai daga shekara guda da ta gabata, a cewar mai ba da bayanai Refinitiv.

Dillalai sun ce bunƙasa a kasuwannin hannun jari da ƙananan farashin lamuni - wanda tsarin saɓanin manufofin kuɗi na Tarayyar Tarayya ke tafiyar da su - kamfanoni masu ƙarfin gwiwa, kuɗaɗen ãdalci masu zaman kansu da kamfanonin saye na babu-cheque don cim ma burinsu.

"Wannan kasuwa ce mai ƙarfi da fa'ida kamar yadda na shaida a cikin shekaru 20 da suka gabata," in ji Colin Ryan, babban shugaban Amurka M&A a Goldman Sachs Group. "Muna cikin yanayin da kadarorin suka yi karanci fiye da jarin da ake da su a yanzu."

Ma'amalar ciniki ta karu a yawancin sassan tattalin arziƙin, musamman masana'antar fasaha, wacce ke ɗaukar manyan sauye-sauye a cikin lissafin girgije da haɗin gwiwar da aka samu ta hanyar matsawa zuwa aiki mai nisa.

Refinitiv ya ce an ga matakan da aka ɗauka a baya a cikin 1980 a lokacin haɓakar dotcom a ƙarshen karni, in ji Refinitiv.

Bayanan sun nuna girman sake komawa cikin ayyukan kulla yarjejeniya bayan da ta fadi shekara guda da ta gabata a farkon barkewar cutar.

SHUGABANMU

Yarjejeniyar tushen Amurka ce ke da alhakin yawancin tashin hankali, yana ƙaruwa 160% idan aka kwatanta da kwata na farko na 2020. "Sake dawowa daga shekara guda da ta gabata ya fi ban mamaki fiye da duk abin da muka taɓa gani a farfadowar M&A - cikakken tsayawa," in ji Cary Kochman, shugaban haɗin gwiwar haɗin gwiwar duniya da saye a Citi. "Ba a taɓa yin irinsa ba."

Kusan rabin ayyukan yarjejeniyar sun fito ne daga Amurka inda adadin ya karu da kashi 160% a shekara akan dala biliyan 654.1. Yankin Asiya Pasifik, ban da tsakiyar Asiya, ya tashi da kashi 44.9% akan dala biliyan 206.5.

Sabanin haka, ayyukan M&A a Turai ya karu da kashi 24.5% a shekara a kan dala biliyan 277.3, yayin da manyan yarjejeniyoyin da aka kulla sun zama da wahala a yi shawarwari tare da gwamnatin Faransa da ke hana shirin karbe Yuro biliyan 16.2 na dillalan Turai Carrefour SA ta Alimentation Couche-Tard na Kanada Janairu.

Gidajen gidaje shine kawai sashin da ya sami babban koma baya a cikin ayyukan M&A, yayin da ofisoshi da sauran nau'ikan kadarori na kasuwanci suka zama marasa ban sha'awa ga masu siye.

A wannan shekarar kuma an ga ci gaba da ayyukan ƙetare a cikin kyakkyawan yanayin kasuwanci tare da samun alluran rigakafin, haɗuwar Brexit tare da ci gaba da ƙarancin riba, in ji masana.

MAGANAR RUDU

Bisa lafazin PWC, annobar cutar da ci gaban geopolitical na baya-bayan nan ya jagoranci yawancin kamfanoni zuwa ga yanke shawara iri ɗaya, suna tura duka ƙima da ƙima musamman don dijital da kadarorin fasaha.

"Covid ya bai wa kamfanoni wani ɗan haske game da makomarsu, kuma da yawa ba sa son abin da suka gani. Haɓakawa na dijital da canji na kasuwancin su nan da nan ya zama babban fifiko, tare da M&A hanya mafi sauri don yin hakan ta faru - ƙirƙirar yanayi mai matukar fa'ida don ma'amalar da ta dace, "in ji Brian Levy, Jagoran Masana'antu na Kasuwancin Duniya, Abokin Hulɗa, PwC US

Muhimmin abin da ke haifar da kulla yarjejeniya shine tsammanin farashin sayar da kayayyaki yana saukowa, yana sauƙaƙa wa masu saka hannun jari don farashin kadarorin.

“Rashin kimantawa ya ragu yayin bala'in. Duka zahirin gaskiya da rashin tabbas sun taka rawa a cikin hakan, ”in ji Bob Bishop, shugaban kungiyar na duniya Kamfanin DLA Piperkungiyar kamfanoni.

Ƙarin abin da zai iya haifar da aiki zai iya fitowa daga masu zuba jari masu fafutuka, waɗanda suke masu hannun jari a cikin kamfani da ke tayar da hankali don canji. A cikin kwata na farko, irin su kantin sayar da kayayyaki na Kohl's Corp, kamfanin abinci da abin sha na Faransa Danone SA da katafaren mai Exxon Mobil sun kasance batutuwan yakin neman zabe.

YAN KIRKIYAR KIRKI

Philipp Beck, shugaban EMEA M&A a UBS Group AG ya ce "A yayin barkewar cutar yawancin masu fafutuka da farko sun tsunduma cikin sirri a bayan kofofin rufe kuma sakamakon haka yakin neman zaben jama'a ya ragu sosai idan aka kwatanta da shekarar 2019."

"Duk da haka, yayin da kasuwanni ke daidaitawa kuma kamfanoni ke sake mai da hankali kan yanke shawara na babban fayil, muna tsammanin ƙarin shigar da jama'a daga masu fafutuka."

Yarjejeniyar da aka fara a shekarar ta kasance wani bangare ne ta hanyar manyan yarjejeniyoyi da dama, ciki har da siyar da kasuwancin hayar jiragen sama na General Electric zuwa AerCap akan dala biliyan 30 da kuma mamaye yankin Kudancin Kansas na Kudancin Kansas akan dala biliyan 29. bn.

Yunkurin da Apollo Global Management ya yi don haɗa kai da Athene Holding, kamfanin inshorar rayuwa da ya ƙirƙira yayin rikicin kuɗi, yana cikin manyan yarjejeniyoyi masu zaman kansu.

Gabaɗaya, ɗimbin yarjejeniyoyin da suka kai sama da dala biliyan 5 sun kai dala biliyan 476, wanda ya karu da kashi 133% a shekara.

SPACS SURGE

Amma tallafawa M&A a cikin Amurka kuma ya kasance haɓaka ayyukan ciniki tsakanin kamfanonin saye na musamman (SPACs), waɗanda suka kama sha'awar Wall Street da ƴan kasuwa masu son neman riba mai sauri.

Adadin US SPAC M&A shine $172.3bn a cikin kwata na farko, sama da 3,000% a shekara kuma kusan 75% na jimlar ayyukan SPAC a duk duniya.

A lokuta da yawa, SPACs sun fito a matsayin gasa mai tsanani ga masu sa hannun jari masu zaman kansu.

“Gasa ce ta daban tunda SPACs kawai ke son ƴan tsiraru kuma tabbas shawara ce ta daban. Amma yana sa mu yi tunanin cewa akwai bangon babban jari a can wanda ke shirye don a saka hannun jari a cikin yarjejeniyoyin 'yan tsiraru ko masu rinjaye, "in ji Patrick Frowein, babban shugaban EMEA saka hannun jari na banki da ba da shawara a. Jamus Bank.

Tare da ɗimbin damar samun bashi mai arha, kamfanoni masu zaman kansu sun yi tsalle kan yarjejeniyar suma, tare da irin waɗannan yarjejeniyoyin sun haura 115.8% zuwa $250.6bn.

Dwayne Lysaght, shugaban JPMorgan na EMEA M&A ya ce "Kudade masu zaman kansu suna tsaye gaba da tsakiya a fagen kulla yarjejeniya da kuma tuki mai karfi na hada-hadar jama'a zuwa masu zaman kansu."

HANKALI GABA

Amma duk da haka iska ya ragu. Guguwar cutar ta ci gaba da haifar da kulle-kulle, babban rashin aikin yi yana daidaita buƙatun kayayyaki da ayyuka, tare da tashe-tashen hankulan kasuwancin duniya, matsin lamba na haifar da rashin tabbas ga sauran shekara, in ji wani binciken PwC.

“Har yanzu muna cikin duniyar da ba ta da tabbas. Rabin farko zai yi kyau sosai a cikin M&A amma a cikin irin duniyar yau, yana ɗaukar ƙarfin zuciya don yin hasashen kasuwar $ 4tn-plus na shekara, ”in ji Mark Shafir, shugaban M&A na duniya a Citi.

Binciken ya kara da cewa, bututun mai karfi na IPOs yana ba wa masu shi madadin M&A kulla a matsayin hanyar fita.

"Bayan shekara mai cike da tashin hankali a cikin ma'amala, 2021 mai yiwuwa za a yi alama ta hanyar haɓaka polarization a cikin kimar kadara, haɓaka yarjejeniyoyin dijital da fasaha, da haɓaka hankali ga al'amuran muhalli, zamantakewa da shugabanci (ESG)," in ji PWC.

Source: Asiya Financial Times - SPACs da Covid tartsatsin M&A ba a gani ba tun bunƙasar dotcom

related

Kamfanin Coinsmart. Beste Bitcoin-Börse a cikin Europa
Source: https://spacfeed.com/spacs-and-covid-spark-ma-frenzy-not-seen-since-the-dotcom-boom?utm_source=rss&utm_medium=rss&utm_campaign=spacs-and-covid-spark-ma- hauka-ba-gani-tun-da-dotcom-bum-bum