Average deal value in the sector rose 18% in 2006, PWC says, pushing the aggregate merger and acquisition total to $291 billion, up $41 billion or some 16% on the previous year.
Gas deals dominated the list of the largest transactions in 2006, with six out of the eight upstream deals in the top ten deal list. This was in contrast to the previous year when only two deals in the top ten of all deals and four of the top ten of upstream deals were gas dominated, the report says. Full details may be found at: www.pwc.com
