In 2024, the mergers and acquisitions (M&A) landscape experienced notable growth, with global deal values increasing exponentially compared to 2023. Sector-Specific Activity: Technology: The tech sector led M&A activity and had significant deals, such as Synopsys’s acquisition of Ansys for $35 billion and HPE and Juniper Network’s $14 billion deal enhancing capabilities in cybersecurity and analytics. Energy: The energy sector saw substantial consolidation, including Diamondback Energy’s $25.8 billion acquisition of Endeavor Energy Resources, which aimed to achieve greater efficiencies through scale. Financial Services: Major transactions included Capital One’s proposed $35.3 billion merger with Discover Financial Services, indicating a trend toward consolidation in the financial sector. The following are the top 10 largest multi-billion Merger & Acquisition (M&A) deals announced in 2024. The data is sourced from the Intellizence Mergers & Acquisitions Dataset, Mars Incorporated – Kellanova Deal Value – $36 billion Announced – August 2024 Mars, Incorporated, a global leader in pet care, snacking, and food, has acquired Kellanova, a leading company in snacking and related categories, for $35.9 billion. The deal highlights Mars’ commitment to diversifying its product portfolio and reaching new customer segments by leveraging Kellanova’s expertise in global snacking, international cereals, and plant-based foods. Capital One – […]
The post Top 10 Largest Merger and Acquisition (M&A) Deals – 2024 first appeared on Intellizence.