M&A Could Increase As Offshore Cash Hits $2 Trillion

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 and the ex U.S. M&A opportunities are still growing. The Bloomberg report argues that there are two primary reasons behind big-time deal…