2021 saw 99 deals above $5 billion - a steep increase compared to 54 in 2020, 59 in 2019, and 70 in 2018, said a study.

The 2022 M&A outlook report by PwC revealed that plentiful funding for deals and the lure of profits in alternative investments drove the busiest asset management mergers & acquisitions environment since 2000.

Megadeals - transactions of at