Mega-mergers are back

Mergers and acquisitions (M&As) surged this month, with mega deals for iconic companies such as Dell and H J Heinz Co fuelling optimism that more buyers are ready to embrace $10-billion price tags. Almost $40 billion in deals were announced on Thursday alone, led by Heinz’s $23-billion takeover by Berkshire Hathaway Inc and 3G Capital. (Click on graphics)