Dealmakers in Record $143 Billion M&A Rush Before Election (2)

Nov. 3, 2020, 5:57 PM

Dealmakers are in a record-breaking rush to get transactions done before what could be one of the most contentious U.S. presidential elections ever.

Companies have announced $143.1 billion of mergers and acquisitions globally in the past seven days, the highest for any week preceding a U.S. presidential vote since Bloomberg started collecting data. It’s more than double the tally for the lead-up to the 2016 election.

Deals have ranged from one of the chip industry’s biggest-ever transactions to a fast-food megadeal, with bankers scrambling to get things done before Americans head to the polls. They’re fearful that further volatility in ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.