This time last year, a collective sigh of relief from City dealmakers was reverberating around the Square Mile as the M&A market regained momentum despite a backdrop of economic and political uncertainty. Since then, deal counsel have barely paused for breath, with many juggling multiple deals well into the parts of August in which even the most committed deal junkie would expect to be pretending not to check work emails on a sun lounger.
Such boom-time dynamics are borne out by the latest Mergermarket figures for H1 2018, which saw announced global M&A deals hit $1.94trn, its highest value since the financial crisis.
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