August record weak M&A activity

The month witnessed only one deal valued over $500 million and one deal valued over $100 million, together totalling $0.7 billion and forming 84% of the total M&A deal values.

With the ongoing global uncertainties impacting business confidence and dampening deal making, August recorded only 23 deals worth $845 million, which is a 49% decline in deal values over the same month last year, said the dealtracker report by Grant Thornton.

This article appeared in Financial Express on 26^th Sep, 2019.