Deals
Goldman’s Lemkau Says 2015 M&A Has Good Shot to Pass 2007 Levels
Almost 20,000 deals worth a total of $2.1 trillion have been agreed this year, including Royal Dutch Shell Plc’s $79 billion acquisition of BG Group Plc, and Charter Communications Inc.’s purchase of Time Warner Cable Inc., also worth about $79 billion.
Source: BG Group via Bloomberg BusinessThis article is for subscribers only.
Mergers and acquisitions activity this year is on track to pass records set in 2007, according to Goldman Sachs Group Inc.’s Gregg Lemkau.
“It feels like we’ve got a good shot to pass it,” Lemkau, global co-head of M&A at Goldman Sachs, said in an interview on Bloomberg TV on Tuesday. “The pace seems to be accelerating and the kind of transactions we are seeing in the pipeline indicate that will continue.”