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Q2 On Track To Be First $1 Trillion M&A Q Since 2007

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Mani
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The second quarter to date is the strongest since pre-Lehman with global M&A volume so far this quarter clocking $969 billion, points out a Bloomberg report.

Bloomberg Briefs in its “Mergers” report dated June 9, 2014 points out the strong performance in the second quarter M&A volume recalls heyday of 2007.

$10 billion M&A deals galore

Drawing reference to pre-2007 days, the Bloomberg report points out that in 2007, there were three $1 trillion-plus quarters on the way to a record annual total of $4.8 trillion, including proposed, terminated and withdrawn deals.

Since the M&A heyday of 2007, most quarters have topped out around $650 billion, with quarterly M&A having reached $1 trillion only six times in the last 12 years.

However, this quarter...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports