M&A boom in January

M&A boom in January

The total value of mergers and takeovers in Europe, the Middle East and Africa surged last month, making it the busiest January for deals in the region in over a decade, according to data from Thomson Reuters.

Deals completed last month in the region had a total value of $90.8 billion, according to the company, which was the highest volume for any January since 2006.

Johnson & Johnson’s $29.3bn takeover of Swiss biotech company Actelion and the $25 billion acquisition of Italian eyewear group Luxottica by France’s Essilor particularly boosted volumes.

Cross-border deals also rose to their highest January level since 2006 this year, hitting $106.8bn, up 31 per cent on January 2016.  READ MORE: http://www.independent.co.uk/news/business/news/corporate-merger-acquisition-deals-activity-surges-rises-europe-middle-east-africa-emea-january-a7560741.html

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