A rise in global deals in 2020′s second half moved overall annual mergers and acquisitions volume to the second-highest total on record, according to Clyde & Co. LLP, which expects this momentum to carry into 2021.
The second-half rally, which set a five-year record for the number of deals closed, crashed expectations that the period would see a low rate of transactions. While the third and fourth quarters saw many deals, overall 2020 volume slightly lagged 2019 results, Clyde & Co. reported.
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