Ignoring the waves of Covid, the M&A (“mergers and acquisitions”) market has reached an unprecedented level this year.
All over the world, companies have multiplied mergers, divestitures and acquisitions.
According to statistics provider Dealogic, more than $ 5,650 billion in deals, often of substantial size, were signed as of December 21.
An amount 24% higher than the previous record, reached the year before the financial crisis of 2008, with 4,550 billion dollars of M&A.
This new peak is all the more remarkable as cross-border marriages have slowed down, due to geopolitical tensions between China and the United States and difficulties in getting around.
"With mergers and acquisitions, companies have sought to meet two pressing needs born of the pandemic,
summarizes Gavin Davies, head of mergers and acquisitions at the law firm Herbert Smith Freehills:
That of being more resilient and that of accelerate their transformation ...
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