European takeover activity involving sovereign wealth funds more than tripled in the first half of 2015, amid signs that such funds' greater firepower may be pushing up deal valuations.
The 16 acquisitions by sovereign wealth funds in Europe in the first half of the year were worth an aggregate €13.9 billion, according to data provider Mergermarket, compared with a combined €3.4 billion across 15 deals in the same period last year.
