GO
Loading...

2014 'very strong' for M&A: Blackstone's Studzinski

This is set to be a "very strong" year mergers and acquisitions, one of the world's best-known dealmakers has told CNBC.

The U.S. will be a particularly strong market for M&A, John Studzinski, senior managing director at The Blackstone Group, told CNBC at the World Economic Forum in Davos.

"A lot has changed in the past few years," he said. "Shareholder activism is going to continue to drive a lot of this, primarily through divestures and restructuring."

(Read more: The Chinese are coming - to Davos)

Kasper Rorsted, chief executive of Henkel, one of Europe's largest consumer goods companies, confirmed that shareholders were pressing for more deals, although "they want us to spend it wisely".

Together with Blackstone, Studzinski has put together deals including the restructuring of bailed-out U.S. insurer American Insurance Group.

Businesses have been rebuilding their balance sheets in the U.S. in the past couple of years, fueled by the U.S. Federal Reserve's asset purchasing program. There is now more optimism about the U.S.'s economic recovery after better jobs figures and faster growth in gross domestic product (GDP). Studzinski forecast growth of around 3 percent for the U.S. this year.

(Read more: German election will kill European austerity: Studzinski)

A number of deals have already been announced this year, including Japanese company Suntory's $16 billion takeover of U.S. spirit maker Beam, and cable company Charter's bid for Time Warner Cable.

- By CNBC's Catherine Boyle. Twitter: @cboylecnbc.

Featured

  • Argentina, Buenos Aires

    The global elite have stumbled on an emerging market sell-off that served as a reminder of the risks the global economy still faces.

  • A logo sits on a sign at the World Economic Forum in Davos, Switzerland, on Thursday, Jan. 23, 2014.

    Sure there was talk of women's issues at Davos but this female CEO says one of the questions she got asked a lot was: Are you here as a spouse?

  • The World Economic Forum logo in Davos, Switzerland.

    Here’s a five-point reality check for why people need to stop bashing Davos as an irrelevant gathering of the elite. By the executive director of Wharton's Risk Management Center.

  • Marissa Mayer

    Negotiations over the U.S. debt ceiling are still one of the biggest risks facing the world, according to Yahoo CEO Marissa Mayer.

Videos

Latest Special Reports

  • An era of innovation dominated by secretive corporate labs is ending. Time for you to help crowdfund the future.

  • Tips on the best-performing portfolio strategies and global market trends that can help you become a smarter investor.

  • CNBC and Institutional Investor host the 4th Annual Delivering Alpha Conference.