Monday, July 23, 2007

Mergers, acquisitions on target to set records

July 20 - The Vancouver Sun - The pace of worldwide mergers and acquisitions is on fire and the total values are likely to set records this year, according to a survey released Thursday, with the majority of Canadian and global dealmakers calling the current M&A environment good or excellent.

Worldwide, mergers chalked up a record $2.7 trillion US in deals in the first half of 2007, nearly 70-per-cent higher than the same period last year and outstripping the previous record of $1.93 trillion US set in 2000, said the survey by New York-based Association for Corporate Growth and Thomson Financial. Read More.

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