|
Laxman Pai, Opalesque Asia: A total of 36,992 deals were announced globally from January to September (Q1-Q3) 2024, which represents a 12.5% year-on-year (YoY) decline over 42,288 deals announced during the same period in 2023, said a study.
According to GlobalData report, the volume of M&A deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) declined by 6.7% during Q1-Q3 2024 compared to Q1-Q3 2023 while the number of private equity deals and venture financing deals experienced YoY fall of 8.9% and 22.2%, respectively.
"The majority of the decline in global deal activity came from Q1 and Q2 while the impact was relatively much lesser in Q3. Although the deal activity continued to remain subdued in 2024, the impact seems to be diminishing in recent months or quarters. For instance, the decline in Q3 2024 compared to Q3 2023 remained at just 1%, whereas when compared between Q1 2024 and Q1 2023, the decline stood much higher at around 20% in Q1 2024," said Aurojyoti Bose, Lead Analyst at GlobalData.
Aurojyoti added: "The relatively lesser decline could be attributed to improving deal-making sentiments in some regions. The trend across regions also remained a mixed bag during Q1-Q3 2024, with regions like Asia-Pacific showcasing just a single-digit decline while North America experienced a double-digit decline."
North America experienced a 16% YoY decrease in the number of deals announced during Q1-Q3 2024 compared to Q...................... To view our full article Click here
|
RSS
