https://finance.yahoo.com/news/u-dominates-second-quarter-global-052411365.html
NEW YORK/LONDON (Reuters) – Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and seized on strong equity and debt capital markets to agree on transformative combinations.
Global M&A volume reached $842 billion in the second quarter, down 13% and 27% from the first quarter of 2019 and second quarter of 2018 respectively, according to preliminary data from financial data provider Refinitiv.
Among the top deals this quarter were the $121 billion agreed merger of United Technologies Corp’s airspace division with U.S. contractor Raytheon Co <RTN.N>, U.S. drugmaker AbbVie Inc’s <ABBV.N> $63 billion agreement to acquire peer Allergan Plc <AGN.N>, and Occidental Petroleum Corp’s <OXY.N> $38 billion deal to buy Anadarko Petroleum Corp <APC.N>.