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 Thursday was M&A Day, $40bn Worth of Deals in the Market 29th April 2016- Thursday was M&A Day, $40bn Worth of Deals in the Market 29th April 2016
- April 29, 2016
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M&A to the tune of $40bn on Thursday as the markets reeled from Ichan selling out of Apple Inc.
Baumann Group
As the US markets reeled at the news that super investor Carl Ichan had sold out his position in Apple Inc. over concerns about China, the Mergers& Acquisitions market was awash with deals particularly in the Pharmaceutical division.
Over $40bn worth of deals were put on the table yesterday, the majority of which were in the pharma sector, with the largest being the deal between St. Jude and Abbott at $25bn. The strong offer will increase Abbotts cardiovascular range and is a c...
- View more at: http://www.1888pressrelease.com/thursday-was-m-a-day-40bn-worth-of-deals-in-the-market-29t-pr-588426.html
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