Dealmakers Hit Summer Highs With $100 Billion M&A Haul

Dealmakers are brushing off lingering fears about trade wars and geopolitics, instead barreling into the traditionally quiet summer months with billions of dollars in M&A.

Transaction values are up almost a fifth this year at $2.2 trillion, according to data compiled by Bloomberg. The latest boost to activity comes from almost $100 billion worth of announced deals in the US industrials sector.