Asia-Pacific YTD 2014 Total M&A Deal Sizes Surpass FY 2013 Total Deal Sizes

Mergers and Acquisitions have skyrocketed in 2014 thanks to cheap money from the FED and incentives for US companies to see domicile's overseas to avoid the US tax burden.  Much of this activity is being fueled by loans being made to less-accretive investors as shown by the dramatic increase in covenant-lite loans. 

Asia-Pacific acquisitions of US Material Sector companies have been increasing over the past three years but remain far from their peak of $12.81 billion back in 2007, according to Capital IQ data.

The aggregate deal size YTD in 2014 has surpassed the full-year deal size in 2013.  As for the valuations of the current deals, Capital IQ says:

"Asia-Pacific acquisitions in the U.S. materials sector are typically valued at 4.9x revenue and 19.6x EBITDA".