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Alan Klein Quoted in Reuters on Dealmaking Market in 2021
04.01.21
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Alan Klein, Co-Head of Simpson Thacher’s Mergers & Acquisitions Practice, was quoted in a Reuters article titled, “Global M&A sets first-quarter record as dealmakers shape post-COVID world.” The article examined how global M&A activity increased in the first quarter of 2021, making it the second-largest quarter for M&A on record, as dealmaking surged in most sectors of the economy. According to data provided by Refinitiv, the total value of pending and completed deals so far in 2021 as compared to last year rose 93% to $1.3 trillion. Alan noted, “What you’re seeing right now and will see to an even greater extent throughout the year is strategics coming out of hibernation and trying to do the things they’ve been thinking about for months.”
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