close_game
close_game

Global M&A deal values rose 11.7%, but number of deals fell 12.9% in first half of 2024: S&P Global report

Aug 11, 2024 11:37 AM IST

An increase of M&A deals by $10 billion outside the US led to total global value of M&A deals growing for the third straight quarter.

The total value of mergers and acquisitions (M&As) globally has increased by 11.7% to $1.221 trillion during the first half of the calendar year 2024-25, compared to 2023-24, according to S&P Global Market Intelligence's new Q2 2024 Global M&A and Equity Offerings Report.

The number of M&A deals was down 12.9% to 19,415 over the same time period.
The number of M&A deals was down 12.9% to 19,415 over the same time period.

However, the number of such deals was down 12.9% to 19,415 over the same time period.

Also Read: Hindenburg alleges Sebi Chairperson Madhabi Puri Buch and husband owned stakes in Adani offshore funds

What are mergers and acquisitions (M&As)?

A merger is when two companies decide to join together and form a single new entity together, with both of their business operations now being combined into one.

Also Read: Government approves ONGC's Rs.18,365 crore additional investment proposal in OPaL to increase petrochemical presence

An acquisition is when one company buys the majority of shares belonging to another company and thereby, gains full control over it.

What happened to mergers and acquisitions (M&As) globally from 2022?

An M&A slowdown started in 2022 due to rate hikes, according to the report, which added that an increase of M&A deals by $10 billion outside the US led to total global value of M&A deals growing for the third straight quarter.

“A handful of large transactions served as a bright spot for M&A and IPO activity in the second quarter," said Joe Mantone, lead author of the report at S&P Global Market Intelligence. "While the overall number of transactions remains lackluster, the bigger deals are helping bring some growth to the overall value of transactions.”

Also Read: Falling smartwatch sales cause first time decline in India's wearables market: IDC report

The total number of global M&A transactions fell below 10,000 three times in the last four quarters after having done that only once since 2020.

What is the future outlook for global mergers and acquisitions (M&As)?

"Clarity around the political landscape and sustained rate-cutting cycle would certainly create optimism for M&A and IPOs heading into 2025," Mantone said.

Stay updated with the...
See more
Stay updated with the latest Business News on Petrol Price, Gold Rate, Income Tax Calculator along with Breaking News Events and Latest News Updates on Hindustan Times.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Sunday, December 15, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On