2006: M&A Activity Reaches 4 Trillion
The Economist reports that 2006 was the year for mergers and acquisitions with a total value reaching $4 trillion.
THE urge to merge has never been stronger, nor satisfied more expensively, than it was in 2006. The total value of mergers and acquisitions (M&A) around the world reached almost $4 trillion, beating the previous record, set in 2000, by $500 billion. The total for 2006 was four times the nominal figure for 1996, and eight times the figure for 1986. Even after taking inflation into account, that leaves a remarkable growth rate.