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M & A deals increase by 17% in Q2

Average deal size still robust says report

The number of offshore merger & acquisition deals (M&A) in the Isle of Man increased by 17% in the second quarter of 2015 when compared with the first three months of the year.

The results reflect increases recorded across the offshore jurisdictions, where deals were up by 25% according to a report released by Appleby.

The report also confirmed the average deal size remained robust.

The latest edition of Offshore-i, an Appleby report that provides data and insight on corporate transaction activity in the major offshore financial centres, focuses on deals announced during the second quarter of 2015.

The quarter recorded 732 deals worth a cumulative USD94.4bn.

In the Isle of Man the number of deals increased by 17% compared with Q1 and by 23% when compared with Q2 in 2014.

The total value of deals stood at USD 750m.

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