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
Mon, Dec 22, 2014 - 5:50 AM
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.
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...