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Laxman Pai, Opalesque Asia: Global deal activity declined by 15.2% in April 2021, said a study. A total of 4,720 deals (comprising mergers & acquisitions, private equity, and venture financing) were announced globally during April 2021, which is a decline of 15.2% over 5,566 deals announced in March.
According to an analysis by GlobalData, the deal volume during April was also less than the first quarter (Q1) of 2021's monthly average.
Although North America continued to dominate the deal landscape, accounting for close to 50% share, the region's deal volume declined by 5% from 2,362 in March to 2,243 in April, the report said.
North America is followed by Europe, Asia-Pacific, the Middle East and Africa, and South and Central America. The Middle East and Africa was the only region that witnessed growth during the month.
The deal activity also declined in most of the key markets in April compared to the previous month such as the US (by 3.4%), the UK (37.1%), China (24.8%), Canada (15.8%), India (20.4%), Japan (39.6%), Germany (39.3%), France (2%), Australia (21.6%) and Spain (24.8%), respectively, while South Korea witnessed 30.1% growth in deal volume.
Aurojyoti Bose, the Lead Analyst at GlobalData, said: "The uncertainty ensued due to COVID-19 still persists and appears to be taking a toll on deal-making sentiments, resulting in inconsistent trend across months."
"All the deal types (under coverage) also witnessed a decline in deal volume in Apri...................... To view our full article Click here
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