Now, we are once again in the midst of a record-breaking year for M&A. Investors completed nearly 44,000 deals during the first nine months of 2021, a new all-time high, according to preliminary data from Refinitiv. Those deals had a combined value of some $4.3 trillion, breaking the 14-year-old record that was set way back in 2007. The $1.52 trillion in deal value from the past three months alone is also the highest quarterly figure on record.
It’s been a remarkable recovery from the first nine months of 2020 when the pandemic helped drive deal value to a seven-year low of less than $2.2 billion. The ongoing public health crisis has created serious cracks elsewhere in the economy. But on Wall Street, most arrows are still pointing up and to the right. This summer, the DJIA topped 35,000 for the first time.
Ten Takeaways From The Busiest Quarter Ever For M&A
Written by: Kevin Dowd – Forbes Staff
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I write about buyouts, mergers, acquisitions, and other dealmaking.