Daily News: June 8, 2018

U.S. M&A Lending Hits Record $129B


Reuters reported a half-year record of $129 billion in lending to top U.S. companies for M&A activities thanks to record fee income.

According to Reuters, M&A activity is leaving the previous record of $89 million in the first half of 2017 in the dust. Tops deals, Reuters noted, including Comcast’s offer for European pay-TV group Sky and the bridge loan supporting Cigna’s purchase of Express Scripts.