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PwC: Metals M&A deal value doubles in 1Q 2011 from year ago

Posted on 25 May 2011

Merger and acquisition activity in metals mining kept on track in the first quarter of 2011, boosted by stronger balance sheets and better credit availability, PwC said in a quarterly report.
There were 26 deals with value greater than $50 million in the metals mining industry in the first quarter of 2011, the same number as last quarter and two more than in the same period of 2010. The 26 deals accounted for $12.9 billion in total deal value, up from $6.3 billion in the same period last year……………………………………….Full Article: Source

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