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REGENT’s view of the month - June 2009

With all the talk of the different shapes of the global recession, the TMT industry has created its own “W Shape” since the recent peak in deal flow last September. The number of acquisitions involving European companies reached 237 in June, up 38% from the 172 deals in May. The combined valuation also moved upwards to $4.1 billion from $3.7 billion in May. It is good news, but too early to call the trend as we move into the holiday months
 

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