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The survey comes amid signs of a pick-up in the M&A market, which could be a boon to stock markets as well as the many advisers and facilitors involved in such deals. The most notable recent deal was Vodafone's sale of its 45 percent stake in Verizon Wireless to Verizon, for $130 billion, which should be completed next year. And only last week, San Francisco-based pharmaceutical wholesaler McKesson announced an agreed takeover of Celesio in a deal that values the German company at $8.3 billion. Ernst & Young found that the top 5 destinations for would-be deal-makers are China, India, Brazil, the U.S. and Canada. Sectors expected to see the highest level of deals are life sciences, oil & gas, automotive, consumer products, automotive and technology. The survey was based on interviews with 1,600 senior executives from large companies around the world and across industry sectors.
[Associated
Press;
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