Mega Mergers Hit Record High in 2016

Mega Mergers Hit Record High in 2016
The entrance to the Time Warner center at Columbus Circle in Manhattan on Aug. 7, 2013. Andrew Burton/Getty Images
Emel Akan
Updated:

It is another exciting year for mergers and acquisitions (M&A), especially for deals with blockbuster price tags. Transactions worth at least $10 billion hit a record level in the first few months of 2016, according to a report by PitchBook Platform, an M&A database.

The value of mega-deals reached a total of $371 billion worldwide with 13 deals closed in 2016 so far. The first quarter of 2016 surpassed the deal value of each quarter since 2012.

Mega deals (worth at least $10 billion) by year. (PitchBook Platform)
Mega deals (worth at least $10 billion) by year. PitchBook Platform
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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