April 25, 2014 / 10:21 AM / 3 years ago

Worldwide M&A activity tops $1 trillion so far this year

LONDON, April 25 (Reuters) - The value of worldwide mergers and acquisitions announced so far this year has topped $1 trillion, only the third time deal values have surpassed this mark since records began in 1980, weekly Thomson Reuters data showed on Friday.

Deal volumes shot up following a flurry in the healthcare sector, including Zimmer Holdings' $13.35 billion acquisition of rival orthopaedic products maker Biomet and the agreement between Novartis and GlaxoSmithKline to trade more than $20 billion worth of assets.

U.S. investment bank Goldman Sachs, an adviser to Biomet and Novartis, climbed to the top of the M&A league table after having worked on deals worth $72 billion this week.

(For more detail on the week's investment banking data please click on: here)

Reporting by Clare Hutchison; Editing by Erica Billingham

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below