The rumours about a potential takeover of aluminum producer Alcoa Inc these last few days created an enthusiastic buzz on Wall Street that acquisitions this year will smash the $4trillion record set in 2006.
Seven weeks into 2007, the amount of money for takeovers brokered by investment banks and private equity firms is trending above last year.
In the US, market researcher Dealogic said volume has soared 86% to $228.6bn from last year, while global volume rose 36% to $477.4bn.
Read more at FIN24.co.za
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment