It has been a record year for corporate mergers and acquisitions both in the US and around the world.
Global mergers and acquisitions reached $ 5.5 trillion and the US topped $ 2.4 trillion. Axios reported. Global mergers and acquisitions had never risen above $ 3.5 trillion, and the US had never risen above $ 1.55 trillion before this year.
It’s not just the dollars that reached new heights, but the number of deals as well. 58,000 were reported worldwide and 14,400 in the United States
Looking ahead, experts say 2022 will be strong, but expect a small pullback due to rate hikes and a controversial election season. This year has been strong too, in part due to deals postponed in 2020 due to COVID-19 concerns. Read the full story.