Over the past year, M&A dealmakers have confronted their most prolonged challenges since the 2008–2009 financial crisis. Rising interest rates, geopolitical tensions, and recession fears contributed to a sustained downturn in deal activity that bottomed out in the first quarter of 2023.
/PRNewswire/ The global M&A market has cooled relative to 2021 s frenzied pace of dealmaking, with challenging macroeconomic conditions putting an end to.
The report lists raising cash optimizing corporate portfolio as the key objectives amongst several others as main reasons behind companies opting for M&As.