2019 saw Belgian companies involved in 40 billion euros of mergers and acquisitions

2019 saw Belgian companies involved in 40 billion euros of mergers and acquisitions

Business mergers and acquisitions involving a Belgian actor represented not less than 40 billion euro in 2019, that is 75% more than the previous year, L'Echo and De Tijd report.

Over the past twelve months, transactions involving a buyer, a seller or a Belgian target represented some 40 billion euro, according to figures collated by Dealogic.

The amount is nearly 75% higher than last year's figure (23 billion).

This increase, striking at first sight, is due in large part to two of the brewing giant AB InBev's operations: the sale of its Australian subsidiary CUB to Asahi for 10 billion euro and the sale of its 13% shareholding in its Asian branch in the context of a stock market listing in Hong Kong valued at 4.5 billion euro.

However, even without these two mega deals, the Belgian market performed well with a total amount of 25.5 billion euro (+11% over a year).

This result is the fruit of a growing number of operations involving more than 500 million euro. There are 13 in 2019, up from 9 in 2018 and 8 in 2017.

Four Belgian deals exceeded the billion-euro mark over the last twelve months.

The Brussels Times


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