Analysts at Société Générale are anticipating an increase in corporate mergers and acquisitions activity even amid the turmoil in the global markets, with companies using funds on their balance sheets to take advantage of targets’ low share prices.

According to the French bank, a 30% decline in oil prices since mid-July, easing inflation concerns, and the prospect of the US Treasury's rescue plan could lead to a significant pick-up in corporate activity, including M&A.