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Travel and tourism deals fell by 13.5% in early 2024 with only 217 transactions. Geopolitical tensions and uncertain market conditions impacted major economies like the US and China.
Travel and tourism sector witnessed the announcement of 217 deals (mergers and acquisitions (M&A), private equity and venture financing deals) during January-April 2024 compared to the announcement of 251 deals during the same period in previous year. This represents a year-on-year (YoY) decline of 13.5% in deals volume during January-April 2024, according to GlobalData, a leading data and analytics company.
In France automotive industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $405.5m, according to GlobalData's Deals Database.
In the global automotive industry, there were 4 M&A deals announced in Q1 2024, worth a total value of $0.4m, according to GlobalData's Deals Database.
In Singapore mining industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $36.4m, according to GlobalData's Deals Database.