Global M&A deal activity to top US $4 trillion this year, the highest value since 2007
I guess the bean counters round at Deloitte might be onto something. Yesterday, for example, it emerged Dow Chemical is in talks to combine with rival Du Pont as part of a $120 billion merger deal.
However, it does feel distinctly quieter back in old Blighty.
Yes, I admit, we have seen a couple of mega deals involving UK companies this year such as SAB Miller's £75 billion sale to Anheuser-Busch Inbev and Shell's £55 billion bid for BG Group. But the British dealmaking scene has definitely not been anywhere near as lively as the US M&A market.
Indeed, commentators, such as my old colleague James Quinn - now group business editor at The Daily Telegraph - are starting to pick up on this trend. Here is a link to Quinny's column from today's business section in the The Daily Telegraph:
http://www.telegraph.co.uk/finance/markets/12042773/UKs-MandA-apathy-leaves-firms-open-to-US-takeover.html
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