Advertisement
UK markets close in 2 hours 16 minutes
  • FTSE 100

    8,121.45
    +42.59 (+0.53%)
     
  • FTSE 250

    19,783.64
    +181.66 (+0.93%)
     
  • AIM

    754.65
    +1.53 (+0.20%)
     
  • GBP/EUR

    1.1670
    +0.0014 (+0.12%)
     
  • GBP/USD

    1.2509
    -0.0002 (-0.01%)
     
  • Bitcoin GBP

    51,155.07
    +691.77 (+1.37%)
     
  • CMC Crypto 200

    1,382.95
    -13.58 (-0.97%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    84.21
    +0.64 (+0.77%)
     
  • GOLD FUTURES

    2,360.90
    +18.40 (+0.79%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,060.97
    +143.69 (+0.80%)
     
  • CAC 40

    8,053.86
    +37.21 (+0.46%)
     

Tech, media and telecoms M&A hits 9-year high

LONDON, April 17 (Reuters) - Worldwide dealmaking in the technology, media and telecoms (TMT (Shanghai: 600458.SS - news) ) sectors is at its highest level year-to-date since 2006, buoyed by Nokia (Swiss: NOK1V.SW - news) 's 15.6 billon euro ($16.9 billion) bid for Alcatel (Paris: FR0000130007 - news) -Lucent this week, Thomson Reuters data shows.

So far this year, deals worth $245.8 billion have been struck globally in TMT, accounting for a combined 23 percent of worldwide M&A activity, the data shows.

Goldman Sachs (NYSE: GS-PB - news) ranks first for advisory work on TMT deals, having worked on 23 worth $89.1 billion so far this year, followed by HSBC with $61.7 billion worth of deals and JPMorgan (LSE: JPIU.L - news) , sole advisor to Nokia in third place with $47.8 billion.

(For more weekly data click here: http://trmcs-documents.s3.amazonaws.com/3501ec8eae589bfbef9cc1729a7312f0_20150417075357_IB%20Scorecard%20Weekly%20Highlights_041615.pdf

ADVERTISEMENT

For data on year-to-date investment banking activity click here: http://trmcs-documents.s3.amazonaws.com/3501ec8eae589bfbef9cc1729a7312f0_20150417075358_Weekly%20Scorecard%20Template%20041615.pdf)

(Reporting by Anjuli Davies; Editing by Mark Potter)