CNN BUSINESS | $1.3 trillion dealmaking frenzy isn’t slowing down

London (CNN Business) – No one knows for sure what the post-coronavirus era holds. But businesses are doing their best to get ready, announcing a wave of mergers and takeover bids designed to prepare them for what’s next.

What’s happening: Global mergers and acquisitions worth $1.3 trillion were announced during the first three months of the year, according to data from Refinitiv. That’s a 94% increase compared to one year ago, and the strongest opening period since records began in 1980.

It’s the third quarter in a row that dealmaking has come in above $1 trillion.  —read more—