M&A The volume of mergers and acquisitions worldwide suffered a dramatic fall in the second half of the year as credit dried up for private equity deals and many chief executives scrapped plans for bold takeovers.
Global M&A in the year to date reached $4,740bn surpassing last year’s record of $3,910bn. But volume in the second half dropped 26 per cent and September was the lowest month since November 2005, according to Dealogic, the data provider.
