Worldwide M&A activity tops $1 trillion so far this year

Friday 25 April 2014 16.14
M&A deal volumes shot up following a flurry in the healthcare sector
M&A deal volumes shot up following a flurry in the healthcare sector

The value of worldwide mergers and acquisitions announced so far this year has topped $1 trillion.

This is only the third time deal values have surpassed this mark since records began in 1980, weekly Thomson Reuters data showed today.

Deal volumes shot up following a flurry in the healthcare sector.

This included Zimmer Holdings' $13.35 billion acquisition of rival orthopaedic products maker Biomet and the agreement between Novartis and GlaxoSmithKline to trade more than $20 billion worth of assets. 

US investment bank Goldman Sachs, an adviser to Biomet and Novartis, climbed to the top of the M&A league table after having worked on deals worth $72 billion this week.