Nov. 4 - Business Standard - The month of October assumed significant importance in the merger and acquisition calendar of this year as the announced M&A volume and the withdrawn deal volume hit record highs, a report says.
Global M&A volume totalled $451.5 billion in October, the largest month so far this year, up 30 per cent from September, deal-tracking firm Dealogic said in its latest report, adding that in this very month $119.8 billion worth of deals were withdrawn, the highest monthly withdrawn volume in 2008 year-to-date.
"October saw 142 deals withdrawn globally, the most of any month on record. The five most active months, based on the number of withdrawn deals on record, have all been in 2008," Felipe Pizarro, an analyst with Dealogic said. Read more.
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