Month-over-month volumes have been steadily increasing as the year progresses, and even the banking crisis does not seem to have had a meaningful impact on announcements. In fact, in the three weeks following the collapse of SVB, there was a noticeable uptick in the number of announced transactions larger than $1 billion; there have been 48 $1B+ deals in the last four weeks, for a total of 108 $1B+ deals year-to-date.

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