Allen & Overy: a decline in international mergers and acquisitions rates last year
The global Mergers and Acquisitions (M&A) market has seen a decline in international transactions, with investors focusing primarily on their own markets last year – the Hungarian partner of Allen & Overy international law firm announced in Budapest.
According to the M&A Insights report of Allen & Overy, last year the value of cross-border transactions fell by 27 percent compared to 2018. At the global level, the 10 largest deals were made within the country. Total transactions were down 7 percent, though 2019 was the third strongest year in the last decade, and a third of global M&A transactions exceeded 10 billion USD. (MTI)
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