Mergers and acquisitions at their highest for five years

Posted on Sep 2, 2021 at 7:00 AMUpdated Sep 2, 2021, 8:56 AM

Figures to make you dizzy. The global mergers and acquisitions market showed no sign of slowing down during the summer: over the first eight months of the year, total announced transactions now reached $ 3.8 trillion worldwide, a level well beyond those recorded last year, according to Refinitiv data. “I have never seen such extraordinary activity”, comments Cécile Ratcliffe, appointed this week general manager of Citigroup for France.

This amount not only far exceeds those observed last year over the same period (1.820 billion dollars in operations), but also the average volumes over the 2015-2019 period (2.456 billion dollars). In addition, from mid-August the market exceeded the volumes recorded for the whole of 2020. The current dynamic can also be seen in the number of operations announced: 38,332 at the end of August, when they were running. between 30,000 and 34,000 in previous years.

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