June 26 - Canadian Press - Deal activity in the global metals industry soared to new highs last year, with the total value of mergers and acquisitions more than doubling to $77.4 billion, a PricewaterhouseCoopers report released Tuesday finds.
In all, 224 deals were disclosed, down from 250 in 2005 but the value of the Top 10 deals was $65.5 billion, a huge increase on the $19.4 billion of the previous year, the report states.
Most of the deal-making took place in steel, accounting for 166 transactions worth $70.4 billion. Read More.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment