АНАЛІЗ ТА ПРОГНОЗ ДИНАМІКИ ОПЕРАЦІЙ ЗЛИТТЯ ТА ПОГЛИНАННЯ ЯК ІНСТРУМЕНТУ ІНВЕСТИЦІЙНОГО РОЗВИТКУ МІЖНАРОДНОГО БІЗНЕСУ

Valeriia Loiko; Oksana Kazak Kazak; Volodymir Bondarchuk

doi:10.56197/2786-5827/2025-4-1-7

Authors

Valeriia Loiko Boris Grinchenko Kyiv Metropolitan University https://orcid.org/0000-0003-3248-1585
Oksana Kazak Kazak Borys Grinchenko Kyiv Metropolitan University https://orcid.org/0000-0003-2088-9022
Volodymir Bondarchuk Partner at Cobit Solutions https://orcid.org/0009-0008-5856-6521

DOI:

https://doi.org/10.56197/2786-5827/2025-4-1-7

Keywords:

mergers and acquisitions, financial investors, international economy, analysis, forecast, dynamics

Abstract

Introduction. Mergers and acquisitions (M&A) are one of the key tools for the strategic development of international business, allowing companies to quickly adapt to the changing economic environment, expand their markets and increase competitiveness. In the context of globalization, growing interdependence of economies and intense competition, mergers and acquisitions have become an important mechanism for companies seeking not only to maintain their market position but also to ensure sustainable investment development. At the same time, analyzing the dynamics of M&A transactions allows us to identify key trends, risks and opportunities in the market, as well as to assess the prospects for international business development through the prism of strategic mergers and acquisitions.

Materials and methods. The theoretical and methodological basis was the scientific works of foreign and domestic scholars, statistical data of the Institute for Mergers, Acquisitions, and Alliances (IMAA), and Microsoft Power BI software.

Results and discussion. The article identifies the trends in the development of M&A transactions in international business with financial investors for the period 1985-2023: the total number of such transactions for a certain period of time; the total volume of transactions; the average cost of one transaction; the share of the number of M&A transactions in international business with financial investors in the total number of transactions; the share of M&A transactions in international business with financial investors in the total volume of transactions. The upper and lower limits of the confidence interval for calculating the forecast of the number and volume of M&A transactions in the world for 2024-2028 by financial investors are determined. Graph-analytical forecast models of the number and volume of M&A transactions with financial investors are built. It is established that in the short term, the driving forces behind the conclusion of M&A transactions are the following: the availability of a large amount of free cash; convergence of price expectations; development of regulation in the field of mergers and acquisitions; the desire to strengthen the company's sustainability. In the medium to long term, two other important factors will continue to drive dealmaking across most sectors: environmental, social and corporate governance requirements and digitalization.

Conclusions. Based on the results of the analysis of trends in the development of M&A transactions with financial investors in international business, the author has established the following: an increase in the number of such transactions, an increase in their share in the total volume of transactions to 50.0% (2022), and an increase in the value of one transaction. This positive trend suggests that M&A transactions with financial investors are becoming increasingly important among all M&A transactions in international business.

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