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Sunday, December 21, 2014

Fear factor fades as global M&A hits seven-year high, (NYSE: TRI), (TSE: TRI.TO)

Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007. The total was boosted by a rush of large deals in the telecoms, healthcare and consumer sectors, with transactions, some of which had been contemplated for years, promising to cause a chain reaction as rivals move to defend their territory.In the latest example British telecoms group BT's move to purchase mobile operator EE is expected to put pressure on rivals to seek their own tie-ups as fixed-line and mobile networks and pay-TV services converge."The need to stay competitive and strengthen the core business is the main catalyst," said Wilhelm Schulz, head of M&A in Europe, Middle East and Africa (EMEA) at Citi.Global deal volume to Dec. 11 hit $3.27 trillion, up 40 percent from the same period last year, according to Thomson Reuters data. This was the highest level since 2007, when the total was $4.12 trillion during a leveraged takeover boom which saw private equity firms sign multi-billion-dollar cheques and load companies with debt.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.16% or $0.46/share to $40.23. In the past year, the shares have traded as low as $33.21 and as high as $40.66. On average, 795491 shares of TRI exchange hands on a given day and today's volume is recorded at 961046.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.11% or $0.51/share to $46.64. In the past year, the shares have traded as low as $36.86 and as high as $46.96. On average, 780449 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 3103281.



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