US groups unveil merger plans valued at $22bn

Corporate America’s enthusiasm for dealmaking has roared back, as US companies on Monday unveiled merger plans valued at a combined $22bn, with a further $150bn worth of deals being negotiated, according to data from Dealogic.

In the early part of 2017, many US chief executives shied away from doing any large deals because they wanted to see how Donald Trump’s administration would push through promises to reform healthcare and corporate taxation before triggering any transformational deals.

Read more at Financial Times

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