Home Latest Feeds Technology News The value of global M&A deals rose sharply in the first quarter

The value of global M&A deals rose sharply in the first quarter

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The value of global M&A deals rose sharply in the first quarter

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Goldman Sachs and Morgan Stanley were also in the top three.

After a long period of stagnation, the total value of exceptionally high-value mergers and acquisitions (M&A) announced by the global corporate sector rose sharply in the first quarter of this year.

According to a joint report presented by the London Stock Exchange (LSE) and the Financial Times on Friday, eleven M&A transactions worth at least $10 billion each were agreed upon in the first three months of 2024, primarily in the American energy, technology and financial sectors.

The total value of these deals is $215 billion.

In the last quarter of last year, five such megatransactions were announced in the global M&A market worth 100 billion dollars.

According to the LSE/FT report, the value of all M&A deals concluded in the first quarter of this year rose by 30 percent to $690 billion.

Most of the new merger and acquisition transactions were announced in the American market, but M&A activity picked up at a particularly sharp pace in Europe: the value of European M&A deals in the first quarter of this year increased by 60 percent year-on-year and reached $127 billion.

In the field of organizers of global M&A deals, JP Morgan was in first place in the first quarter of this year. Goldman Sachs and Morgan Stanley were also in the top three.

The business optimism indicated by the stagnation of M&A deals is also supported by recent surveys of large London analysis houses.

One of the most prestigious financial and economic analysis workshops in London, Oxford Economics, showed in its latest investor survey that 44 percent of companies in the global business sector are more optimistic than before about the global economic outlook for the next two years, and only 24 percent have become more pessimistic than before.

In accordance with the general easing of concerns about geopolitical developments, the proportion of companies that believe that the outlook for global economic growth is burdened by downside risks has decreased from 49 percent to 32 percent, as shown in the previous survey by Oxford Economics, and half of the respondents believe that the distribution of risks is balanced.

The house emphasized: the proportion of business enterprises that consider the risks to be balanced is now the highest since the relevant question was included in the survey for the first time in 2017.

Oxford Economics examined the expectations of 103 large companies. The companies included in the survey together employ six million employees, and their combined annual turnover is approximately two thousand billion dollars.

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