$40BN

Finweek English Edition - - IN BRIEF -

This could be a record year for merg­ers and ac­qui­si­tions (M&A), with $40bn (R545bn) in new trans­ac­tions an­nounced glob­ally on 8 Septem­ber alone, bring­ing the to­tal since Jan­uary to over $3tr, Fi­nan­cial Times re­ported. De­spite tur­moil in Chi­nese mar­kets spilling over to in­ter­na­tional ex­changes, deal-mak­ing ac­tiv­ity has not been damp­ened. Deals worth more than $300bn were an­nounced in the US last month, mak­ing it the busiest Au­gust in US history for M&A, it said.

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