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From Precy Dumlao, Opalesque Asia:

Global mergers and acquisitions (M&A) were indeed on the upswing in the first three quarters of the year as M&A deals totaled $1.42tln as of the end of the last quarter, representing a rise of 24.8% compared with the same period in 2009, according to mergermarket, an independent mergers and acquisitions intelligence service.

The total of number of deals closed during the period also rose by 16.7% at 8,010. Mergermarket said in its M&A Round-up for Q1-Q3 2010 report that after a slump in M&A activities in the second quarter of 2010, activities picked up again in the third quarter with a major boost in August which delivered deals totaling $216.5bn.

The average deal size of $ 63.6m was the highest for any August period. 6.4% of announced deals so far in 2010 have been valued over $500m, the highest percentage of deals of this size since 2007. A total of 515 deals with a deal value exceeding $500m have been announced so far this year, compared to 323 for the same period in 2009, a 59.4% increase. The average deal size for Q1-Q3 2010 was $313m, the lowest since 2005, and 2.9% less than 2009's average of $322.3m, according to mergermarket records.

Goldman Sachs recorded the highest deals in the quarter having worked on $369.7bn worth of deals, and hold......................

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