Dealmakers Adrift as $1 Trillion Vanishes in First Half

  • M&A and IPO volumes continue their decline in first six months
  • Few bright spots not enough to prevent Wall Street cutbacks
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The world’s dealmakers are roughly $1 trillion down in one of the worst years for takeovers and stock market listings in a decade.

That’s the year-on-year drop in the value of mergers and acquisitions and initial public offerings in the first half, a period in which inflationary pressures, financing constraints and geopolitical tensions nixed activity across regions and sectors.