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Fear factor fades as global M&A hits seven-year high

Rush of large deals in telecoms, healthcare and consumer sectors, setting off a likely chain reaction
Monday, December 22, 2014 - 05:50
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British telecoms group BT's move to buy mobile operator EE is expected to put pressure on rivals to seek their own tie-ups as fixed-line and mobile networks and pay-TV services converge.

London

CHIEF executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.

The total was boosted by a rush of large deals in