Global dealmaking has made its strongest start since the turn of the century, reflecting boardroom confidence from US tax reform, a strengthening international economy and surging equity markets.
A total of $273bn in mergers and acquisitions so far this year marks the busiest January since the peak of the dotcom boom in 2000, data from Dealogic shows.
Deals include Dominion Energy’s $14.6bn takeover of US utility group Scana, French drugmaker Sanofi’s $11.4bn purchase of biotech Bioverativ and Bacardi’s $5.1bn acquisition of the company that makes Patrón tequila.
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