M&A highlights 9M23: Stagnant waters

Data Insight 2 October

M&A highlights 9M23: Stagnant waters

Powered by Mergermarket data, M&A Highlights reviews M&A activity across North America, EMEA and APAC in 9M23. All data correct as of 29 September 2023

Global M&A’s sluggishness continues

Global activity in mergers and acquisition shows few signs of emerging from its stagnancy.

For the first nine months of 2023, dealmakers agreed 26,608 deals totaling USD 2.1trn globally, a 29% decline in volume compared with the same period last year.

The dealmaking doldrums stem from the dawning realization that US interest rates may remain high for a prolonged period to combat inflation, poor economic outlooks for Europe and China, and a tougher antitrust environment in Washington, Brussels and London.

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