Deals
Bankers Say 2024 M&A Is Just Good When ‘It Should’ve Been Great’
- Fast start to 2024 tempered by rates, geopolitical uncertainty
- Energy and tech sectors continue to deliver strong deal flow
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A flurry of megadeals early in the year failed to translate into a sustained recovery in mergers and acquisitions, after the momentum was stymied by skittish central banks and geopolitical unease.
The value of deals globally stands at roughly $1.4 trillion at the halfway stage, according to data compiled by Bloomberg. While that’s up 14% on the same period in 2023, it still lags the 10-year average for a first half by more than $300 billion, the data show.