Rising interest rates, high inflation and concerns over a global recession, saw global mergers & acquisitions dealmaking fall to its lowest level in more than ten years in the first quarter of the year, according to a report by Reuters, citing data from Dealogic.
Rising interest rates, high inflation and concerns over a global recession, saw global mergers & acquisitions dealmaking fall to its lowest level in more than ten years in the first quarter of the year, according to a report by Reuters, citing data from Dealogic.
Global deal volume in the first three months of the year shrank by 48% to $575.1 billion as of 30 March, according to Dealogic as “extraordinary levels of volatility and uncertainty” impacted M&A markets.
Dealogic’s research shows that Europe saw the biggest fall with deal volumes down 70% to $81.87 billion, while the US dropped 44% to $282.7 billion, and Asia-Pacific fell 29% to $176.1 billion.
