PwC US : Mega Deals Drive Surge in Industrial Manufacturing Deal Value
NEW YORK CITY– Deal activity in the industrial manufacturing sector experienced an uptick in the third quarter of 2013, while merger and acquisition (M&A) value for the quarter rose to the highest level since the fourth quarter of 2007. The strength of industrial manufacturing M&A in the past three months was largely driven by strategic investors in advanced economies and increased mega deal (transactions valued at $1 billion or more) activity, according PwC US.