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Healthcare expected to drive big M&A activity again in 2016
Modern Healthcare

Healthcare providers and the pharmaceutical and biotechnology industries are expected to produce the most merger and acquisition activity this year behind only the technology sector, according to a new survey by accounting and consulting giant KPMG.

About 60% of 553 M&A professionals surveyed placed the pharmaceutical and biotechnology sector among their most active for consolidation and 47% of the respondents believed healthcare would be third out of six sectors to see lots of M&A activity this year.

Only the technology sector was expected to be more active among 18 different industries listed, including automotive, retail and a variety of financial services. About 70% of the respondents felt technology would experience the most M&A activity this year.