The global M&A market in 2022 declined by 17% by volume and by 37% by value from the 2021 record high level on recession concerns, but will return to growth in the second half of 2023, reads the Global M&A Industry Trends: 2023 report by PwC.
The value of the global M&A market fell by 20% to USD2 trillion in the first half of 2022 compared to the same period in 2021 and is likely to fall further as economic repercussions are reflected in global markets, according to PwC’s “Global M&A Industry Trends: 2022 Mid-Year Update” report.