Emerging markets are closing the gap on developed countries in the race for international acquisitions, according to KPMG's emerging markets international acquisitions tracker.

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Emerging markets are closing the gap on developed countries in the race for international acquisitions, according to KPMG's emerging markets international acquisitions tracker. It reports that deal flow between emerging and developed economies is starting to converge as companies from Brazil, Russia, India and China increase their M&A activities.

"Four years ago, the emerging-into-developed deals were...

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