GS: M&A Activity Remains RobustRupert Hargreaves
M&A activity is stronger than the headline figures suggest, that’s according to a new report on merger trends from Goldman Sachs’ Equity Research division.
Headline figures suggest US M&A volumes are down by around 28% year-on-year, (the report was published on June 10, three days before Microsoft made its $28 billion offer for LinkedIn. Goldman also makes a note that the volume data excludes the $62 billion proposed Bayer-Monsanto deal) which is a sizeable decline and enough to spark concern among analysts who believe a slowdown in M&A activity is . . .
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