If M&A continues at this pace through the rest of February, it could be the strongest month for transactions since October 2012, according to data compiled by Bloomberg.

“Deals we are seeing today could be reflective of a growing appetite for larger deals,” said Martyn Curragh, U.S. deals leader at PricewaterhouseCoopers LLP. “Momentum is building on positive trends we saw developing last year in low- cost debt, a more stable equity market and continued interest from foreign investors.”

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