Strong Irish merger activity continues with volume growth of 79%

IRISH-RELATED merger and acquisition & activity continued to grow during the third quarter, with year-on-year volume growth of 79% measured.

Strong Irish merger activity continues with volume growth of 79%

The combined value of deals done – 50 deals were recorded in the quarter, compared to 28 for the same three-month period last year – was up by 227% to €5.52 billion; the third highest quarterly deal value on record.

However, two deals – Ardagh Glass’s €1.7bn purchase of international packaging group Impress Co-operative; and AIB’s €3.1bn disposal of its Polish operations – heavily skewed the latest values; between them comprising 87% of the total deal value.

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