Whilst the stats are inevitably driven by the mega mergers there is no doubt UK M&A markets at all deal sizes are active. In the SME market the preparedness of vendors to roll over a proportion of their value is undoubtedly a key factor. However, credit is due to some banks for re-entering the cash flow market.
US dealmaking hit an all-time monthly record in May, surpassing the previous highs seen during the peak of the dotcom bubble and the zenith of the debt boom that led to the 2008 financial crisis. The overall value of deals in US-bound mergers and acquisitions activity amounted to $243bn in May compared to $226bn during the same month in 2007 and $213bn in January 2000, the previous biggest and second biggest months respectively, according to Dealogic data. cheap