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November M&A slumps to pre-boom level

Dealmaking in 2017 is going out with a whimper. Acquirers in November spent just $15.7bn on tech transactions across the globe, the lowest monthly total in three years. The sluggish November activity comes after a similarly anemic October. The recent tail-off in acquisition spending means that 2017 is all but certain to come in with the lowest annual M&A spending since 2013.