Industrial M&A Flourishes in Search for Value: Brooke Sutherland

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It’s not the biggest year for industrial dealmaking, but it’s turning into one of the busiest.

So far in 2023, bankers have put together more than $200 billion worth of transactions that involve at least one US industrial company, according to data compiled by Bloomberg. That’s down about $70 billion from the volume at the same point in 2022 and less than half of the $537 billion of activity for all of 2021, which included a pair of $30 billion deals for the railroad Kansas City Southern ...