- Published: Saturday, 18 December 2010 03:29
- Written by John Miller
However, analysis by Wood Mackenzie indicates a global shift in activity towards the US.
Analysis shows the total number of deals completed this year is comparable to the previous 12 months; however the disclosed acquisition spend is down 16% from 2009 levels - at US$10.9 billion.
Wood Mackenzie head of coal supply research Gero Farruggio says the vast majority of M&A activity has been focused in Australia and Indonesia. There has been 27 deals in 2010 to date, compared to 25 in 2009, with single asset transactions accounting for 15 deals - up 50% on 2009 levels.