The report shows that 55% of deals in the APAC region leaked last year ahead of any announcements, only marginally ahead of Western Europe where 48% of deals leaked. By contrast the US was a significantly less risky leak environment with only 28% of deals leaking, while the least risky region was the rest of the Americas.
The new global report also shows that consumer-facing sectors generating high brand awareness tend to be more likely to see M&A deals leak. For example, almost half of all the deals (48%) in the retail, food and tobacco sector leaked ahead of announcement, closely followed by transportation (including the Electric Vehicle sector) at 45%, TMT (technology, media & telecoms) with 36%, and healthcare & pharmaceuticals, also at 36%. Real Estate emerged as the least risky sector.
Other revelations contained in the report include the fact that large deals worth $25bn or more are extremely likely to leak – 80% of the time, and the fact that leaks are usually highly accurate in terms of the names of the parties and valuations.
A full copy of the report is available to download: