A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession.The volume of takeovers worldwide has dropped 7 percent year to date to $750 billion, with the week to Thursday marking the slowest week for acquisitions this year, Thomson Reuters data showed on Friday.Bankers who broker deals were confident things would improve in Europe, as the availability of capital - boosted by government quantitative easing (QE) or bond-buying measures designed to boost economic growth - encourages cash-rich companies to pursue deals."There is a reasonably healthy level of dialogues, CEOs aren't without ambition and certainly in the conversations we're having, activity has ticked up a little in recent weeks," said Mark Warham, head of M&A for Europe, Middle East and Africa (EMEA) at Barclays
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.06% or $-0.02/share to $34.36. In the past year, the shares have traded as low as $26.20 and as high as $34.71. On average, 1114120 shares of TRI exchange hands on a given day and today's volume is recorded at 279138.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.68% or $0.24/share to $35.30. In the past year, the shares have traded as low as $26.65 and as high as $34.82. On average, 1213660 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 269465.
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