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Global dealmaking braces for dry spell as boardrooms put expansion on hold

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.

corporate, company, firms, board, governnance, tax, investors, investments, M&As, acquisitions
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M&A activity in the United States plunged 40% to $456 billion in the second quarter, while Asia Pacific was down 10%, Dealogic data showed.

Reuters London/New York
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.
 
"Companies are standing back from M&A in the short term as they are more focused on the impact of a recession on their business. The timing for dealmaking will come but I

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First Published: Jun 25 2022 | 10:24 PM IST

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