The volume of mergers and acquisitions in the United States topped $1 trillion in the first half of 2007, a record for the first six months of any year, according to Dealogic. Deal activity was even stronger in Europe, where the combined value of mergers so far this year surpassed U.S totals for the first time in four years. Goldman Sachs continues to ride the deal wave. The investment bank was ranked the top M&A adviser across the world, in the U.S. and in Europe during the first six months of the year, Dealogic said. Goldman, which advised on 223 deals worth $788 billion, was followed by Morgan Stanley and Citigroup in the global M&A ranking.
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