June Monthly Deals Roundup - Packaging
The study of the global deal landscape reveals that global deal volume registered a significant decline during June after witnessing marginal growth in the previous month. The last month was an exception in the global deal landscape for the packaging industry over the last several months, as the Q1-2012 report for the Euro region – released during the second week of May – revealed that the Eurozone actually escaped recession due to higher than expected growth seen in Germany. However, this ray of hope failed to retain momentum and concerns of persisting volatility in current global macroeconomic conditions bought the market sentiments down during June. Among the deal types, mergers and acquisition (M&A) deal activities across the world continued to hold the majority share by volume. However, deal volume for mergers and acquisitions witnessed higher month-on-month decline compared to that of global deal volume in the packaging industry. Among other deal types, debt offering and...