The leveraged buyouts in Europe are surging as US distress investors purchase existing bank loans at steep discounts and move to take over the companies by exchanging their debt for equity in "loan-to-own" deals in the wake of the financial crisis.

The general consensus of research firms and mergers and acquisitions (M&A) experts believed that the brisk activity of dealmaking will keep its momentum till the next year.

During the financial crisis when the deal markets were quiet, banks parted ways with their senior investment bankers. Now that business has slowly revived, lenders are seeing that they are left with junior bankers that are a little wet behind the ears.

Investors have received billions of euros from European companies so cautious about the economic outlook they could find nothing better to do with spare cash, but many now want boards to snap up rivals instead - and are rewarding them when they do.

Turin, Italy-based car maker Fiat SpA restarted negotiations to purchase the remaining shares of US-based auto manufacturer Chrysler Group LLC, according to sources familiar with the matter.

Frankfurt, Germany-based private equity firm Nordic Capital said on Friday it has raised €3.5 billion ($4.8 billion) for its eight buyout fund amid decreased volatility in Europe.

Australia-based international packaging giant Amcor has agreed to buy Constar International Holdings' US assets for an unconfirmed sum, in a court-supervised transaction under the US Bankruptcy Code.

Lucio Tan, the chairman and chief executive of Philippine Airlines Inc (PAL) is expected to finalize the majority stake sale in the flag carrier next year with San Miguel Corp (SMC).

The revival of initial public offerings in the US and Europe which started this year is set to continue next year, the Financial Times reported.

Sweden-based online payments company Klarna has bought Germany-based firm SOFORT in an acquisition deal valued at $150 million to become one of Europe's biggest independent payments alternative.