Banks take big fees in flat M&A market

摘要

Global merger and acquisition activity was flat in 2017 compared with 2016, but there was a lot for dealmakers to get excited about as the number of deals picked up -translating into bigger fees for advisers. Worldwide M&A activity totalled US$3.6trn last year, the fourth consecutive year in which deal volume surpassed US$3trn, according to Thomson Reuters data.