The coronavirus has also affected acquisitions and mergers badly

By: Trademagazin editor Date: 2020. 07. 07. 11:06

The acquisition and merger activity was also affected by the coronavirus pandemic, with the U.S. reporting a 83 percent drop in the value of reported transactions in the second quarter, compared to a year before, according to Refinitiv data.

In the United States, 2,064 M&A transactions were announced for the quarter ended June 30, in a total value of 106.4 billion USD. In contrast, there were 2,895 transactions in the second quarter of 2019, with a total value of 622.9 billion USD.

Globally, the value of transactions decreased by 52 percent in the second quarter to 516.6 billion USD, coming from 9,129 transactions. (portfolio.hu, Marketwatch)