Report: Americas registered highest M&A activity in the midstream industry in Q4 2016

Mergers and acquisitions in the midstream industry in last year's fourth quarter (Q4 2016) was the highest in the Americas, according to a report by GlobalData.

Titled ‘Quarterly Midstream Deals Review – Q4 2016’, the report states that a total of 71 transactions were registered during the quarter with a combined value of $53.4bn.

Out of the 71 transactions, 45 were domestic and the remaining were cross-border transactions.

The Americas region registered 40 deals totalling $37.2bn in value during the quarter. Compared to the previous quarter, cross-border deals increased from four to 13 in Q4 2016, while domestic acquisitions decreased from 35 to 27.

The Americas region was followed by the EMEA region, which accounted for a 32% share of the global M&A activity in Q4 2016. A total of 23 acquisitions were registered during the quarter, ten of which were cross-border and the remaining domestic.

The APAC region accounted for 13% of the global M&A activity, recording nine deals during the quarter. The region witnessed a 125% increase in M&A activity compared to the previous quarter.