Global TMT M&A 1Q17 Trend Report: Morgan Stanley And Goldman Lead

Mergermarket has released its Global M&A roundup report for the Technology, Media and Telecom (TMT) Sector for the first quarter (Q1) of 2017. A few key findings include: Dealmaking across TMT in Q1 2017 dropped 17.6% in deal value, compared to the same period last year (695 deals, US$ 88.8bn), as 634 deals took place worth US$ 73.2bn The slowdown would suggest M&A activity targeting TMT, which hit all-time highs in 2015 and 2016, has passed its peak as buyers back away from record valuations and consolidation in multiple industries to Mergermarket intelligence. The sector accounted for 11% of global…