Deals
Dealmakers See $69 Billion of M&A in Year’s Busiest Weekend
- Firms led by Nvidia, Gilead announce flurry of deals
- Pharmaceutical, tech transactions boosting M&A volumes
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A blockbuster Sunday of takeovers has bled into Monday for the fastest start to a week for global dealmaking this year.
Companies led by Japanese conglomerate SoftBank Group Corp. and U.S. pharmaceuticals group Gilead Sciences Inc. announced $69 billion of deals, the highest tally for the start of a week since late November 2019, according to data compiled by Bloomberg. That brings the volume of mergers and acquisitions announced in September up to $146 billion, a 51% increase from the same period a year earlier.