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Here are the world’s 10 largest M&A deals this year

Chevron on Friday agreed to acquire Anadarko Petroleum in a transaction valued at $47.5 billion, including equity and debt. Under the agreement, Chevron will acquire all of the outstanding shares of Anadarko for $65 a share — a 37% premium to Thursday’s closing price. Anadarko shareholders will receive a mixture of cash and stock.

Chevron is the second-largest US energy company behind Exxon Mobil and the transaction will expand the company’s capabilities in US shale oil and gas production. Many industry commentators have indicated consolidation in the fragmented sector is overdue, prompting speculation of further deal activity.

This year, 108 deals with a value of over $600 billion have been announced. North America was the most active region, however, Saudi Aramco’s $61.9 billion purchase of Saudi Basic Industries was a notable transaction outside the region. Energy deals so far this year have topped $110 billion, including both the Anadarko and the Saudi Basic Industries transactions.

Here are 10 of the largest M&A deals so far this year in ascending order of their valuation size:

Ultimate Software/Hellman & Friedman

Sector: High technology

Target name: Ultimate Software

Target nation: United States

Acquirer name: An investor group led by Hellman & Friedman

Acquirer nation: United States

Deal value net debt: $10.4 billion

Date Announced: February 4, 2019

 

Newmont Mining/Goldcorp

Sector: Materials

Target name: Goldcorp

Target nation: Canada

Acquirer name: Newmont Mining

Acquirer nation: United States

Deal value net debt: $12.5 billion

Date Announced: January 14

 

Centene/Wellcare

Sector: Healthcare

Target name: Wellcare

Target nation: United States

Acquirer name: Centene

Acquirer nation: United States

Deal value net debt: $13.5 billion

Date Announced: March 27

 

Read More – www.businessinsider.com