November was the best month for mergers and acquisitions globally in over a year, according to fresh data that shows a strong rebound in corporate activity as confidence returns to the market.

Global M&A volume reached $305bn (€202.4bn) in November 2009, the highest monthly volume for the year, and the first time that the total breached $300bn since July 2008, when it stood at $406.5bn, according to Dealogic.