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Home » Global M&A braces for a dry spell as boardrooms put expansion on hold
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Global M&A braces for a dry spell as boardrooms put expansion on hold

Ethan FrankBy Ethan FrankFebruary 7, 2023No Comments1 Min Read
Global M&A braces for dry spell as boardrooms put expansion on hold
Global M&A braces for dry spell as boardrooms put expansion on hold

Global M&A braces for a dry spell as boardrooms put expansion on hold

LONDON/NEW YORK, June 24 (Reuters) – Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many corporate boards to expand through acquisitions.

Russia’s invasion of Ukraine in February and fears that an economic recession is looming dealt a blow to merger and acquisition (M&A) activity in the second quarter.

The value of announced deals dropped 25.5% year-on-year to $1 trillion, according to Dealogic data.

Business
Ethan Frank

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