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Laxman Pai, Opalesque Asia: The global merger and acquisitions (M&A) activity witnessed a significant year-on-year (YoY) decline from January to May 2023 in comparison to the corresponding period in the previous year, said a study.
According to the GlobalData report, the total number of M&A deals announced globally during January-May 2023 amounted to 12,619, marking a decline of 21.4% compared to the 16,055 M&A deals announced during January-May 2022.
The disclosed deal value for these M&A deals also experienced a YoY decline of 39.1% from $1.4 trillion to $832.4 billion, said the study.
North America witnessed a 22.8% YOY decline in M&A deals volume during January-May 2023 while Europe, Asia-Pacific, South and Central America, and Middle East and Africa witnessed YoY decline of 23.6%, 16.3%, 18%, and 19.3%, respectively, during the period.
Meanwhile, despite the decline, North America continued to dominate the global M&A deal landscape. It accounted for 40.5% of the total number of M&A deals announced globally during January-May 2023.
Several key markets across the world witnessed subdued M&A activity during January-May 2023. For instance, the US, the UK, Canada, China, Japan, India, Australia, Germany, and France reported a YoY decline of 24.3%, 5.8%, 13%, 9%, 16.8%, 22.2%, 13.7%, 31.9%, and 29.6%, respectively, during January-May 2023.
"The M&A deal activity in the region has largely been affected by the macroeconomic challenges amid the ongoing Russi...................... To view our full article Click here
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