Goldman Sachs tops league tables as global dealmaking hits all-time peak in 2015
New York
THERE have been 37,212 deals in 2015 - roughly one for every employee of Goldman Sachs Group Inc, the Wall Street bank that has been one of the big winners of the current merger boom.
It is a number which means that 2015 is guaranteed the title - for the next 12 months at least - of being the record year for mergers and acquisitions (M&As), with US$4.2 trillion of transactions pending or completed, according to data compiled by Bloomberg. (Deal volume for league table purposes includes M&A, stakes, joint ventures and spin-offs, though not share buybacks.) That kind of showing has provoked questions about market peaks. With 2015 demolishing M&A records, many of which predate the financial crisis, it seems right to ask: Can it possibly get better than this?
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Jack Ma-backed Ant’s profit fell 19% as regulations curb growth
Warburg Pincus is relocating a New York dealmaker to Singapore
China extradition worries grow for convicted money launderer deported to Cambodia
Coinbase investigating system outage as crypto prices slide
Blackstone-led consortium eyes snacks business of India’s Haldiram’s: sources
Japanese bond yields climb to decade highs on BOJ policy bets