Europe Looks to Own Backyard for Deals as U.S., Asia M&A Slips

  • M&A in Europe soared more than 70 percent in first six months
  • Political, economic stability in Southern Europe drives deals
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European companies are turning to their backyards for growth via mergers and acquisitions.

The volume of deals in Europe in the first half of the year reached about $250 billion, more than 70 percent higher than spending in the first two quarters of 2016, according to data compiled by Bloomberg.