After reaching unprecedented highs in 2021, global M&A markets had a bumpy ride in 2022 as dealmakers grappled with inflation, rising interest rates and fallout from the conflict in Ukraine. Deal value for 2022 came in at US$3.8 trillion, 34% down on the US$5.7 trillion recorded in 2022, while deal volumes also dropped 5% year-on-year.
Source: Global M&A slumps amid macro-economic tumult