According to Bloomberg data, US corporations participated in $2.5 trillion worth of takeovers in 2021. This easily beats the prior record of $1.96 trillion achieved in 2015.
So that will be tough to beat, but it looks like 2022 will be another year of brisk business. On a historical basis, borrowing costs should stay relatively cheap, even while the Fed is expected to raise its interest rate several times this year. And companies aren’t lacking for firepower, with many big names boasting healthy balance sheets, boosted by the US’ solid economic recovery, which appears set to keep pushing ahead in 2022.
We’ve already had Microsoft intent on scooping up Activision, and Sony is keen on bringing Bungie under the fold, so which other companies could be ripe for the picking?
The Street’s analysts have earmarked several names which could turn up on other companies’ shopping lists….
