Red alert in the mergers and acquisitions market.
Economic uncertainty, inflation, rising interest rates, geopolitical tensions and investor mistrust weigh down this market, which has already slowed down sharply in 2022. As if that were not enough, the banking crisis in March, with three bankruptcies of establishments in the United States States and the takeover of Credit Suisse by UBS, cast an additional chill.
Result, after falling by 37% last year, marriages and business transfers fell by 44% (over one year in value) in the world in the first quarter of 2023, according to the data provider Refinitiv.
"This is the largest quarterly decline (over one year) since 2001
," points Refinitiv.
In total, some $580 billion in deals (mostly in healthcare, industrials and technology) were signed between January and the end of March, the highest since 2012 and 2013.
Read alsoHedge funds, winners of the banking crisis
The fall is particularly brutal on the Old Continent (-60% over one year) where companies…
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