Headline tech and healthcare M&A figures might be obscuring a subtle shift in the composition of deals as the first half of the year recedes. Dealmakers’ focus on the pandemic-proof sectors is giving way to wider interest across sectors, PwC private equity lead Manoj Mahenthiran tells Mergers & Acquisitions. “Deal activity is incredibly robust; nothing seems to have abated,” he says. “We are starting to see more diversification in the sectors driving growth.”

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