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Corporate lawyers will tell you that the global M&A market has been cranking up in recent months. And the latest preliminary figures from Thomson Reuters confirm that it is very much back to business.
Tesco has appointed Freshfields Bruckhaus Deringer to scrutinise its first-half profits, which were overstated by £250m.
Global M&A has picked up over the first nine months of 2014, with deal value growing to $2,567bn from just $1,659bn at the same point last year - and elite firms have reaped the benefits.
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