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Home Depot, the nation’s largest chain of household goods stores, is worth $9.1 billion. USD is bought by wholesale distributor HD Supply Holdings. Photo: Nicholas Kammo (AFP / Scanpix)
According to the Financial Times, the successful coronavirus vaccine research and fragrant news about the results of the U.S. presidential election prompted global companies to rethink mergers and acquisitions (M&A) and large deals.
Companies around the world announced a total of 40 billion transactions on Monday alone. USD.
According to Bill Demchak, CEO of PNC Financial Services Group, inios for vaccines and the following definitions [prezidento] In the United States, his banking company bank acquired Spanish rival BBVA in the United States for $11.6 billion. USD.
The Financial Times wrote that it was the second largest deal in the sector after the global financial crisis of 2008.
The bank announced the deal shortly after the US biotech firm Moderna announced that an experimental vaccine against COVID-19 was 94.5% effective.
A week ago, Pfizer, a pharmaceutical factory in the United States that is developing a vaccine with German biotech company BioNTech, announced the results of a successful study on a coronavirus vaccine.
On Monday, Home Depot, the largest chain of household goods stores in the United States, announced that it had received $9.1 billion. USD is purchased by HD Supply Holdings, a wholesale distributor that sold in 2007.
As a result, Canadian gold mining company Endeavour Mining signed a $1.86 billion merger agreement with rival Teranga Gold. USD. Italy Nexy announced that it is negotiating the acquisition of Nets, a Danish payment system, for 7.2 billion euros. Eur.
Activity in the M&A market has traditionally been highest in the last quarter as US and European companies are working to complete these deals by the end of the year. In 2020, company executives want to offset the time when business activity has been reduced due to the coronavirus pandemic and the restrictions imposed by it.
The fourth quarter of 2020 is the third in terms of activity in 20 years. Since early October, Mons has closed deals totaling $612 billion. USD. In the same period in 2019, the amount is 461 billion. USD, which is $49.1 billion in 2018. USD.
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