The COVID-19 pandemic has had a disastrous impact on global merger and acquisition (M&A) activity as deal after deal has been put on hold.
The latest figures from data and analytics firm GlobalData reveal that transaction activity in the first quarter of this year was down 26% on the same quarter in 2019. with the crisis already starting to have an impact on deal levels as early as March. The total number of transactions here came in at 1,984, down from 2,339 the month before. The corresponding deal value also dropped from $151.2 billion to $129.9 billion.
Source: diginomica.com