The number of M&A mega deals
for the first half of this year has more than trebled compared
to the same period last year. There is little sign of this
growth slowing down in spite of uncertainty ahead.
"Interest rate rises are unlikely to move
the dial much," said an M&A associate at a global
investment bank. "The bigger question is trade and Brexit which
certainly makes people cautious. If the Chinese trade war
escalates then this could have a big impact on big M&A
Richard Browne, global co-head of corporate at Allen &
Overy, said he was slightly surprised by the scale of the
increase. "Our pipeline is bulging with work and I
don’t see signs of it slowing up," he said.
A report from Allen & Overy found the number of deals
exceeding $10 billion rose by 301% in H1...