NEW YORK: U.S. merger and acquisitions activity has surged in the first two months of the year, as strong equity markets and cheap debt financing give chief executives renewed confidence to pursue large takeovers that they had shunned in past years.
An announcement Thursday that Warren Buffett's Berkshire Hathaway would buy ketchup maker H.J. Heinz Co was perhaps one of the most attention grabbing of $158.5 billion of deals in the United States so far in 2013.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
