Merger and acquisition deals drop by 45% in value terms in October

M&A activity in October 2019 witnessed a decline compared to same month last year primarily due to low activity in the domestic deal trends

Merger and Acquisition (M&A) deals in the month of October dropped by 45 per cent in value terms and 40 per cent in volume terms compared to the corresponding period last year. The total number of M&As reported in October 2019 was worth $1.5 billion as against $2.8 billion a year ago. In volume terms, it was 28 deals as compared to 47 deals last year.

Grant Thornton’s M&A Dealtracker data shows that deals included a deal valued over $500 million and three deals valued at and over $100 million each, totalling to $1.4 billion and accounting for 91 per