M&A volume at record high of $215 bn

Emerging markets have seen a record USD 215 billion worth of merger and acquisition (M&A) deals so far this year on increased business activities amid an improving global economic situation. Emerging markets targeted volume has reached USD 215.1 billion in 2010 year-to-date-- the highest YTD volume on record, global deal tracking firm Dealogic said. The volume so far this year is 152 per cent higher than the corresponding period a year ago, it said. The largest targeted emerging market deal on record is Prudential s USD 35.5-billion bid for AIG s Asian insurance unit AIA Group Ltd. Also the USD 10.7-billion bid ...

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