Private Equity

Global M&A boom continues as deals pass $500bn for third month

May hits record as major media deals take spotlight

Tie-ups are being driven by new cash shells and return of confidence
Tie-ups are being driven by new cash shells and return of confidence Photo: Getty Images

Global deals have passed the $500bn mark for a third successive month, in the latest sign that appetite for takeovers is booming despite the pandemic.

Data from Refinitiv indicates that $533bn worth of deals were announced in May. At a combined $2.4trn for the first five months of the year, merger and acquisition values are now the highest Refinitiv has recorded in its time collecting the data.

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