The biggest deal between 2001 and 2012 was the $106,884m deal between Philip Morris International and the Altria Group.
The total cost of the top ten deals since 2001 amounts to $757,083m. However, not all deals go to plan. AOL’s $164bn acquisition of Time Warner at the height of the dotcom boom in 2000 turned sour and Time Warner realised the deal was not in its best interests.
AOL posted a $98.7bn loss for 2002 – the largest in US corporate history at the time. The two companies de-merged in 2009.
- The number of Chinese (including Hong Kong) outbound developed market deals in 2012 was... 106
- The amount that China spent on outbound developed market deals in 2012 was... $53.9bn
Source: Mergermarket, Ernst & Young