Global Foreign Direct Investment Flows Highest Since 2008 Crisis
By-
Cross-border M&A drove FDI to $1.76 trillion in 2015, UN says
-
FDI forecast to fall 15% this year on fragile world economy
A surge in cross-border mergers and acquisitions boosted global foreign direct investment flows around the world last year to $1.76 trillion, the most since the 2008-2009 financial crisis, the United Nations said in a study.
FDI increased 38 percent in 2015 from the year before, driven by corporate transactions that involve large movements in the balance of payments such as tax inversions but with little change in actual operations, according to the annual World Investment Report by the United Nations Conference on Trade and Development. Cross-border M&A rose to $721 billion from $432 billion in 2014, led by the $68 billion merger of Actavis Plc with Allergan Plc or Merck KGaA’s $17 billion purchase of Sigma-Aldrich Corp., and GlaxoSmithKline Plc’s $16 billion acquisition of Novartis AG…
Global Foreign Direct Investment Flows Highest Since 2008 Crisis
