The value of deals in the technology, media and telecoms sector hit $174bn during the first three months of the year, the highest level since 2006, as some of the world’s largest companies battled to secure access to global consumers.
A surge in TMT merger and acquisition activity, up 65 per cent year on year, meant that the sector accounted for three of the five largest transactions worldwide in the three months to April, according to data from Mergermarket.
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