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Laxman Pai, Opalesque Asia: Due to a decline in business activities, an increase in political and economic uncertainty globally, and volatility in financial markets, global deal (comprising merger & acquisitions (M&A), private equity, and venture financing deals) activity plunged by 29.9% YoY in January-April 2023 in comparison to the same period in 2022.
According to GlobalData, a total of 17,549 deals were announced globally from January to April 2023 compared to 25,027 deals announced during the same period in 2022.
An analysis of GlobalData's Financial Deals Database revealed that volume for all the deal types (under coverage) witnessed a year-on-year decline during January-April 2023.
The number of M&As, private equity, and venture financing deals declined by 21.5%, 36.7%, and 37.5% during January-April 2023 compared to January-April 2022, respectively. This could be attributed to the subdued deal activity experienced across key markets.
"The current market situation highlights the need for dealmakers to be more strategic in their investments and consider the impact of changing market conditions. Understanding the trends and changes in the market may help them make informed decisions and present opportunities for those looking to make strategic investments," said Aurojyoti Bose, Lead Analyst at GlobalData.
North America registered the highest number of deals during January-April 2023, followed by Europe, Asia-Pacific, the Middle East and Africa, and So...................... To view our full article Click here
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