The merger and acquisition deal activity in the global transportation and logistics sector was strong in the second quarter of 2010, according to reports from PricewaterhouseCoopers.
The pace of quarterly deal activity generally remained above the post-bubble lows of 2009.
In Q2 2010 there were 29 announced deals, a quarterly total that far exceeds the pace of 2009, for a total announced deal value of USD13.1bn.
The M&A activity in the global industrial manufacturing industry showed marked improvement from the first quarter of 2010, with an increase in both deal volume and value in the second quarter of 2010. There were 33 announced deals worth USD50m or more, which is more than double the 14 deals announced in Q1 2010.
