With M&A activity accelerating, the post-pandemic economy could be a busy one for deal-making including in the financial services sector, reports PwC…
By many indications, the next six to 12 months could be busy ones for mergers and acquisitions. That’s according to PwC’s Global M&A Industry Trends report.
This follows a turbulent year in deal-making with acceleration of activity in the second half of 2020 when deal-making rebounded in June and subsequently remained strong thorugh to year-end across all regions. In fact, in Q4 2020, both deal volumes and values were up by 2% and 18%, respectively, from 2019, and across APAC, EMEA and the Americas, M&A activity increased 17-20% in the second half of 2020.
In particular, Asia Pacific witnessed a 15% increase as its total deal value went from US$758 billion in 2019 to US$871.5 billion.