Business Editor David Grasso on rising mergers and acquisitions deals

Global Business

The appetite for mergers and acquisitions doesn’t seem to be going away. That’s especially true in the U.S. where they have hit a record 2.5 trillion dollars in 2015.

For more on why there’s a boom in merger and acquisition activity and what it may mean for consumers, CCTV America’s Michelle Makori spoke to David Grasso, Business Editor for Bold.

This year, some are expecting the deal making to keep going and analysts are pointing to January as proof for the value of deals rising to 45 percent compared to the same period last year.

One survey of executives shows that 74 percent of companies will actively pursue acquisitions in the next 12 months. 93 percent are planning to buy a company outside their own sector, but 96 percent of those asked also said they’re willing to walk away from mergers and acquisitions deals.

Taking a closer look at which industries around the world are seeing the most activity, the latest data available shows that technology, media and telecoms mergers and acquisitions deals are on top of the heap. Pharmaceuticals, Med and Biotech are second, while Energy, Mining and Utilities are third.