First-Half M&A Fall Sharply from Record 2011 Levels

Worldwide chemical merger and acquisition activity has slipped 76% in first-half 2012, with $9.6 billion in deals closed, according to Young & Partners (New York). The figures have fallen sharply from the record activity in 2011, when $82 billion in deals was completed for the full year, according to Young & Partners data. The median level of activity for the past 10 years has been about $40 billion, according to Young & Partners. “The largest reason for the slowdown is uncertainty and the impact of the European crisis. It has caused people to stop...

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