Green shoots in M&A as Oracle buys Sun

The mergers and acquisitions market has sprung back to life, with ten deals worth a total of $27bn announced on the same day, including software behemoth Oracle swallowing up ailing Sun Microsystems.

The mergers and acquisitions market has "sprung back to life", said Lina Saigol in the FT. On Monday ten deals worth a total of $27bn were announced across several sectors; the first quarter, by contrast, was dominated by defensive pharma mega-mergers.

The market upswing has bolstered overall corporate confidence, while some companies have managed to persuade banks to lend them money to do deals. Big firms are also taking advantage of lower valuations.

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