Dry spell ahead for global M&A as companies put expansion on hold
The value of announced deals dropped 25.5% year-on-year to $1 trillion, according to Dealogic data.
Source: dealstreetasia.com
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The value of announced deals dropped 25.5% year-on-year to $1 trillion, according to Dealogic data.
Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many corporate boards to expand through acquisitions. Russia’s invasion of Ukraine in February and fears that an economic recession is looming dealt a blow to merger and acquisition (M&A) activity in the second quarter. The value ...
With the stock market facing persistent turmoil, boardrooms are wary of making expensive bets.