(Bloomberg) -- So much for a quiet summer. July isn’t over yetand dealmaking is already on track for the busiest third quarter onrecord, with volumes set to surpass $1 trillion.
Some $406 billion of deals have been announced globally thisquarter, including $170 billion in the past week alone. If thislevel of activity continues through September it will beat therecord set over the summer of 2007, when $933.4 billion of dealswere proposed, according to data compiled by Bloomberg.
U.S. health insurer Anthem Inc.’s $48.4 billion purchase of Cigna Corp. is thebiggest deal of the quarter so far, followed by Israeli drugmakerTeva Pharmaceuticals Industries Ltd.’s $40.5 billion acquisition ofthe generic-drug business of Allergan Plc. Industry specialistsexpect the pace of activity to continue.
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