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Cheap valuations and strengthening economies lure buyers to Europe in the third quarter.
Pfizer, Goldman Sachs are among the companies selling businesses amid the stock market rally.
Transaction volume has grown 27% so far this year.
Economic slowdown and Facebook's disappointing debut curbed 2012 offerings.
Initial share offerings raise $21.3 bln, down 48% from Q2 level.
Offerings drop 34% as Facebook debut, European crisis scare away buyers.