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One clear consequence of the eurozone debt crisis in Europe has been to lower the currency bloc's share of the deals that do take place. In 2007, the eurozone accounted for around 21 percent of the global value of M&A. That's now down at 11 percent. While the eurozone has suffered, the so-called BRIC countries -- the fast-growing economies of Brazil, Russia, India and China
-- are filling the gap. They accounted for 15 percent of the global M&A market in 2012, more than double 2007's rate of just 7 percent. Even if the rapid growth of the BRIC countries over the previous few years wasn't fully sustained in 2012, the global M&A landscape has transformed over the past five years. Since 2007, the value of China's M&A market has doubled, while that of the U.S. has halved, Ernst & Young found. "China's growing global economic influence, along with the other emerging economies, has been a re-occurring narrative over the past decade," said McCrostie. "Now the numbers tell their own story
-- the shift in the balance of M&A power has accelerated since the financial crisis and it will likely become even more pronounced in 2013." Ernst & Young found that China will be the preferred investment destination in 2013. The U.S., India, Brazil, and Germany completed the top five. The survey, conducted in October, compiles the views of 1,500 senior executives from large companies around the world and across industry sectors.
[Associated
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