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Friday, 31 October 2014

Spare a thought for the good old-fashioned merger

Deal slow

Global M&A activity this year, at $1.7 trln, is even more insipid than the headline 16 pct drop implies. It’s hard to find a traditional tie-up among the 30 biggest deals amid all the spinoffs, partner buyouts and nationalizations. Bankers cannot live by such bread alone.



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