Deals
Merger Monday Returns as Siemens, Speedway Lead $40 Billion Haul
- Global M&A has busiest start to week since before pandemic
- Health care, consumer, tech acquisitions on the rise
Fuel pumps stand at a Speedway gas station in Waddy, Kentucky.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Merger Monday came roaring back this week, with a spate of acquisitions from health care to consumer hitting the tape.
The flow of deals started over the weekend, when Siemens Healthineers AG clinched a $16 billion takeover of Varian Medical Systems Inc., gaining technology used for cancer treatment in the year’s biggest health-care deal. At least $39.6 billion of transactions were announced between Sunday and Monday, marking the fastest start to a week since before the pandemic, according to data compiled by Bloomberg.