U.S. companies increased their mergers and acquisitions in emerging and high-growth markets in the first half of the year, but pulled back in other markets, according to a new study by KPMG International.

KPMG found a slowdown in the overall volume of M&A deals in more developed markets in the first half of 2013. U.S. companies remained the most popular targets for emerging and high-growth market companies. 

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