Accountancy

Deals rebound in third quarter: ‘No shortage of cash, and no shortage of buyers keen to spend’

Sectors that dominated the deal landscape included technology, life sciences and healthcare

M&A deals rebounded strongly in the UK in the third quarter with transaction volumes up 63% as the economy recovered from the coronavirus lockdown in March and April.

Completed deals kicked up to 408 in the third quarter from a record low of 250 in the second quarter, according to research from accountancy firm BDO.

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Bank of New York Mellon Approached Northern Trust to Discuss Potential MergerExternal link

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger