Global M&A outlook: Fortune favours the brave
The global M&A market has undoubtedly become a more nervous place in 2019 and dealmakers are having to confront a range of increasingly complex governance issues to complete transactions.
The data point to a 10% decline in global deal value and volume year to date, the slowest pace in M&A activity for four years.
Yet investors remain undeterred and – often armed with record levels of accumulated capital and still able to access debt on attractive terms – they continue to find new and innovative ways to navigate political, economic and regulatory uncertainty to achieve growth through acquisitions. As a result, deal activity in many markets remains, perhaps surprisingly, robust.