LONDON: Global merger and acquisition (M&A) activity hit record highs in the third quarter as companies and investors shaped their post-Covid future through transformative deals while their advisers struggled to cope with transaction volumes never seen before.
A frantic summer of merger activity produced deals worth US$1.52 trillion (RM6.37 trillion) in the three months to Sept 27, up 38% from the same quarter last year and more than any other quarter on record, according to Refinitiv data.
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