NEW
YORK, Aug. 8, 2024 /PRNewswire/ -- Despite
global M&A deal volumes remaining lackluster, the total value
of global M&A has jumped year-over-year in the first half of
2024, according to S&P Global Market Intelligence's newly
released Q2 2024 Global M&A and Equity Offerings Report. The
total value of transactions increased 11.7% to $1.221 trillion through the first half of 2024
compared to the first half of 2023, but the number of deals was
down 12.9% to 19,415 over the same time period.
The activity shows that M&A has yet to fully recover from
the slowdown in activity that started in 2022 with the rate-hiking
cycle, but dealmakers are willing to pursue large transactions. In
the second quarter of this year, a pickup in $10 billion-plus M&A announcements outside
the U.S. helped ensure that the total value of global deals
recorded its third straight quarter of year-over-year growth.
"A handful of large transactions served as a bright spot for
M&A and IPO activity in the second quarter; while the overall
number of transactions remains lackluster, the bigger deals are
helping bring some growth to the overall value of transactions,"
said Joe Mantone, lead author of
the report at S&P Global Market Intelligence. "Clarity
around the political landscape and sustained rate-cutting cycle
would certainly create optimism for M&A and IPOs heading into
2025."
Key highlights from the Q2 2024 Global M&A and Equity
Offerings Report include:
- The number of global M&A transactions has fallen below
10,000 three times in the last four quarters after having done only
once since 2020.
- Large transactions helped boost the total value of
Europe M&A announcements by 65.4% quarter-over-quarter and
25.4% year-over-year in the second quarter to $182.87 billion.
- The 616 global IPOs in the first half of 2024 was lower
than the 674 transactions in the first half of 2023 and the 819
transactions in the first half of 2022.
The quarterly report provides an overview of global M&A and
equity issuance trends, offering insights into the sectors and
geographies that are seeing the most activity. It also focuses on
deals with the highest valuations and strategies larger players
pursue that underscore trends occurring throughout an industry.
S&P Global Market Intelligence has produced the quarterly,
global M&A and equity offering report since the first quarter
of 2018.
To request a copy of the Q2 2024 Global M&A and Equity
Offerings Report, please contact
pressinquiries.mi@spglobal.com.
S&P Global Market Intelligence's opinions, quotes, and
credit-related and other analyses are statements of opinion as of
the date they are expressed and not statements of fact or
recommendation to purchase, hold, or sell any securities or to make
any investment decisions, and do not address the suitability of any
security.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the
importance of accurate, deep and insightful information. Our team
of experts delivers unrivaled insights and leading data and
technology solutions, partnering with customers to expand their
perspective, operate with confidence, and make decisions with
conviction.
S&P Global Market Intelligence is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information, visit
www.spglobal.com/marketintelligence.
Media Contact
Kate Smith
S&P Global Market Intelligence
+1 781 301 9311
Katherine.smith@spglobal.com or
press.mi@spglobal.com
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SOURCE S&P Global Market Intelligence