2015 has been an eventful year in every way, and the world of business has been no exception.
In 2015 several corporate deal records were broken and some new deals took place which could be game-changers.
Firstly, US pharmaceutical giant Pfizer (PFE) announced it will buy Allergan Plc (ACT), a botox manufacturer, for $160 billion. The deal was not only colossal in terms of numbers, but sparked outrage in Washington were politicians labeled it a tax-dodge and unpatriotic. The deal would see Pfizer HQ move to Ireland.
Second, energy giant Royal Dutch Shell (RDSB) announced that it would takeover the BG Group (BG) in Britain, in a deal worth $95 billion. The BG group had previously announced it would slash its oil and gas assets by $9 billion due to the global oil glut forcing prices down.
Third, chemical firms DuPont (DD) and Dow Chemical (DOW.WD) announced a merger valued at no less than $130 billion. One Wells Fargo analysts dubbed the merger “the deal of three centuries”.
So, three of the biggest deals in history were made in 2015. What does 2016 have in store? We’ll have to wait and see!