With corporate mergers and acquisitions in the doldrums of the post “great financial recession” aftermath, the increasing possibility of U.S. government action against the “tax inversion” dodge seems to have quickened a new wave of mergers and acquisitions.
Worldwide, $1.6 trillion in mergers and acquisitions have been reported so far this year through the end of September, according to data publicized by Thomson/Reuters new syndicate. This is the most since the $3.2 trillion seven years ago just before the mid-2008 financial crash brought a decade of frantic mergers and acquisitions to a practical halt. Significant among these new M&A outbursts is that these deals are bigger and more comprehensive than any seen since 2007.