M&A Could Increase As Offshore Cash Hits $2 TrillionMani
Outbound U.S. M&A is on pace in the first half to touch $638 billion, marking the second highest figure since 2007, notes a Bloomberg Briefs report.
Bloomberg, in its Mergers report dated June 30, 2014, titled “Offshore Cash Is Begging to be Spent” notes the current appetite to buy overseas is strong.
M&A: $2 trillion in offshore cash
An analysis of 307 company securities filings by Bloomberg reveals almost $2 trillion in offshore cash, and the cash pile . . .
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