|
Laxman Pai, Opalesque Asia: The global value of M&A activity in the first half of 2024 was $1.0 trillion, well below the ten-year average of $1.5 trillion, said a study.
According to a new report from Boston Consulting Group (BCG), the M&A market has been slightly more active in the first half of 2024 than in the first six months of 2023. Still, its recovery from last year's trough has been slower than many anticipated.
What's more, BCG's newly launched M&A Sentiment Index reveals that momentum is not yet accelerating in all industries and sectors-though dealmakers appear to be more optimistic now than during the previous 24 months.
Deals involving a target in the Americas had a total value of $647 billion, an increase of approximately 14% versus the first half of 2023. Notably, North America accounted for 61% of overall global M&A activity.
Meanwhile, the value of European M&A totaled $255 billion, a 23% increase compared with the first six months of last year. Deal value in the UK increased by 185%-the country's highest share of European dealmaking since 2015. Deal value rose also in Sweden (138%), Spain (19%), and the Czech Republic (196%), while France (-25%) and Germany (-32%) saw declines.
Further, deal value in Asia-Pacific declined by 40% to an 11-year low of $117 billion. The regional total reflects declines in Japan (-67%), China (-36%), South Korea (-16%), and Australia (-39%). Brighter spots include India (55%), Singapore (4...................... To view our full article Click here
|
RSS
