This time everything will be different! As so often in an era of rising stock prices, flourishing business in the capital markets and a boom in mergers and acquisitions, the augurs of the financial markets are ready to give good arguments on why everything can only move in one direction: Upward.
A market in which the ascent is currently especially steep is the business of mergers and acquisitions, or M&A in short. In May alone, according to figures from data provider Dealogic, companies agreed to transactions worth a breathtaking $243 billion, or €217 billion – the largest monthly value ever reached.
In the first five months of the year, the figure was $1.85 trillion. The entire year could very well end up surpassing the peak value achieved in 2007.