M&A activity in Asia drops 20% to $160b; global deals sink to 3-yr low

M&A activity in Asia drops 20% to $160b; global deals sink to 3-yr low

Photo by chuttersnap on Unsplash

Global mergers and acquisitions (M&A) plunged 16% year-on-year to $729 billion in the third quarter, according to Refinitiv data, the lowest quarterly volume since 2016, as growing economic uncertainty curbed the risk appetite of companies considering deals.