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Dealmakers in Record $143 Billion M&A Rush Before Election

Mega chip deal, Dunkin’ takeover announced in past week
Bankers scramble to seal deals ahead of expected volatility

By

Myriam Balezou, and

November 3, 2020, 12:27 PM UTCUpdated onNovember 3, 2020, 5:57 PM UTC

Dealmakers are in a record-breaking rush to get transactions done before what could be one of the most contentious U.S. presidential elections ever.

Companies have announced $143.1 billion of mergers and acquisitions globally in the past seven days, the highest for any week preceding a U.S. presidential vote since Bloomberg started collecting data. It’s more than double the tally for the lead-up to the 2016 election.