Pakistan News

Global mergers and acquisitions volume hits record in 2015

Global mergers and acquisitions volume hits record in 2015

LONDON: The volume of mergers and acquisitions worldwide set a new record in 2015 at more than $5 trillion, with tie-ups in the healthcare sector leading the way, consultants Dealogic said Tuesday.

The $5.03 trillion annual total represents a massive rise of 37 per cent from 2014, Dealogic said, and the three months to December scored the highest figure for any single quarter on record.

Pfizer’s proposed $160 billion merger with Allergan to create the world’s biggest pharmaceutical group, announced last month, is the second-biggest tie-up ever, and the largest ever in healthcare.

The two companies estimated their merger will deliver more than $2bn in operational synergies over the first three years after closing.




Published in Dawn, December 30th, 2015

Similar News
Recent News
Back to top