National mergers and acquisitions activity was mostly flat in the Americas for the first half of the year, according to a report from Mergermarket and Merrill DataSite.
There were 32 deals completed for companies worth more than $2 billion, in the technology, media and telecommunications; energy; consumer; transportation and life sciences and health care industries.
In the middle market, just 79 deals were announced, off the pace of the last three years.
The technology, media and telecommunications industry was hot, driving much of the M&A activity for the first half. It is expected to continue seeing the flurry of activity in the remainder of the year.
The Midwest is expected to be led by industrials, consumer and pharma for the second half of the year.