The second quarter of 2019 is off to a slow start with less deals closed than previous quarters
Investors are moving up market to fewer but more sizeable companies
Private equity firms are showing a slight uptick in market share against strategic acquirers in terms of deal activity
The Cookies and Fruit Snacks businesses of Kellogg's (NYS: K) was acquired by Ferrero International for $1.3 billion on July 29, 2019. With this acquisition, Ferrero further strengthens its position in the key North American market by adding these iconic brands to their portfolio.
Stock prices and valuation multiples trend downwards through 2018 and slightly rebound into 2Q 2019