In the first half of 2024, the total value of global mergers and acquisitions increased by 5% to $1.3 trillion compared to the same period in 2023. But the number of transactions — roughly 23,000 — dropped by 25%, continuing the decline that began in 2022. That’s according to PwC’s ” 2024 Mid-Year Outlook: Global M&A Industry Trends.”
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According to the PwC report, in the first six months of 2024, the Asia Pacific region saw a 17% drop in deal volume and a 32% decline in value compared to the same period in 2023.
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In the first half of 2024, M&A deal volume in Europe, the Middle East, and Africa (EMEA) dropped by 26%. Although deal values rose by 9% compared to the previous year, they remain lower than in the pandemic and before.
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Moreover, deal volumes in the Americas fell by 30% in the first half. However, values rose by 22% year-over-year, primarily driven by activity in the technology and energy sectors.