Positive VRI of M&A deals worldwide 2010-2017, by size of acquiring company
It can be seen that there was a clear correlation between the size of an acquiring company and the likelihood that the M&A deal will return a positive VRI. Over half of acquiring companies globally that had a market capitalization of over 50 billion euros saw a VRI of over zero percent. This is most likely due to the fact that larger companies can allocate more resources into integration and synergies.