freerangestock.com
Following record highs in 2021, the volume of M&A has sharply decreased in the last two years due to rising interest rates, economic instability, and other unfavorable conditions. Now, the numbers are starting to rise again.
"We have returned to our regular or typical state. We are witnessing a true recovery from the incredibly low levels of this time last year," stated Andre Kelleners, Goldman Sachs' head of M&A in Europe, Africa, and the Middle East. Anticipations of a significant rate drop by the Federal Reserve this summer are among the drivers of the recovery. However, as analysts point out, investors continue to exercise some prudence.
The two biggest transactions were the $35 billion acquisition of software engineering company Ansys by American developer Synopsys and the $35 billion merger of American banking organizations Capital One and Discover Financial Services. In the first quarter, the amount of M&A in Europe increased by 60% to $127 billion, while it decreased in Asia-Pacific.
source: ft.com
"We have returned to our regular or typical state. We are witnessing a true recovery from the incredibly low levels of this time last year," stated Andre Kelleners, Goldman Sachs' head of M&A in Europe, Africa, and the Middle East. Anticipations of a significant rate drop by the Federal Reserve this summer are among the drivers of the recovery. However, as analysts point out, investors continue to exercise some prudence.
The two biggest transactions were the $35 billion acquisition of software engineering company Ansys by American developer Synopsys and the $35 billion merger of American banking organizations Capital One and Discover Financial Services. In the first quarter, the amount of M&A in Europe increased by 60% to $127 billion, while it decreased in Asia-Pacific.
source: ft.com
