Unsolicited and hostile M&A offers are at their highest levels in both dollar and percentage terms since 2008, points out a recent Bloomberg report.
Bloomberg, in its Mergers report dated June 16, 2014, notes that more and more uninvited guests are enlivening the global M&A party.
Assertions from buyers
The Bloomberg report points out that so far this quarter, 38% of all deals globally by value have been unsolicited or hostile. The report highlights that this is the highest level in dollar terms and percentage terms since 2008, when BHP Billiton Limited (ADR) (NYSE:BHP) (LON:BLT) made an unsuccessful attempt to acquire rival miner Rio Tinto plc (ADR) (NYSE:RIO) for $115 billion.
Moreover, Belgian brewer InBev NV too launched an unsolicited bid for Anheuser-Busch Inc,...
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