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. Last Updated: 07/27/2016

Record German M&As

FRANKFURT, Germany -- A leading financial data company said Tuesday that the total value of mergers and acquisitions in Germany reached a record high in the first six months of the year, boosted by the mammoth acquisition of Mannesmann AG by British rival Vodafone.

Thomson Financial Securities Data said takeover deals in Germany had a total value of $245.6 billion in the first half of this year f almost 10 times the $27.7 billion seen in the year-earlier period.