90 0

After quarter-on-quarter gains in Q1 and Q2 this year, global M&A value took a tumble in Q3, registering the lowest quarterly total since Q1 2016 . Volume dropped to the lowest quarterly figure since Q3 2013 . There were 3,989 deals in the third quarter, totaling US$622.2 billion, a 16% drop in volume and a 36% drop in value from the previous quarter. Compared to the same period in 2018, the figures represent a 23% drop in volume and a 20% decline in value. The dip in deal activity is evident in the top deals of the quarter. The largest deal, London Stock Exchange’s planned acquisition of financial data provider Refinitiv, was worth US$27 billion. In Q2, there were three US$50 billion-plus deals announced. Full story

10 October