ANALYSIS: 2020 Cross-Border M&A Held Market Share Amid Pandemic

While last year saw the lowest level of cross-border mergers and acquisitions deals—by both volume and count—of any year since 2013, cross-border deals’ share of global M&A activity essentially stayed the same in 2020 compared to 2019.

In 2020, there were 3,131 announcements of currently pending or completed cross-border mergers and acquisitions deals valued at $1 million or greater resulting in control of the acquired company or assets, with an aggregate value of $1.06 trillion. This cross-border deal volume accounted for 39.7% of all global M&A volume in 2020—nearly equal to the 39.3% market share cross-border deals had in 2019. ...