M&As drop by 36% in value terms against backdrop of global uncertainties

Compared to the previous month (July 2019), August, 2019, witnessed a steep downturn in M&A activity with an over 5x fall in deal value

Ongoing global uncertainties have impacted business confidence and have dampened deal making. The month of August saw only 23 deals worth $ 0.85 billion, which was 36 per cent and 49 per cent lower in deal volumes and values, repectively, over August 2018. The month witnessed only one deal valued at over $500 million and one deal valued at over $100 million, totalling $0.6 billion and forming 84% of the total M&A deal values, according to Grant Thornton’s monthly M&A Dealtracker.

Compared to the previous month (July 2019), August, 2019, witnessed a steep downturn in M&A activity with an over 5x