Why is Mergers and Acquisitions Thriving in These Regions?
- Date: 30-Oct-2020
- Source: Al Bawaba
- Sector:Technology
- Country:uae-top-picks
Why is Mergers and Acquisitions Thriving in These Regions?
While the coronavirus pandemic has had a negative impact on many businesses throughout 2020, a recent rebound in mergers and acquisitions (M&A) has pointed towards a partial recovery in investor sentiment as well as demonstrating that certain sectors have taken on greater importance as a result of COVID-19, Oxford Business Group (OBG) has said in its latest report.
During the third quarter of the year more than $1 trillion of M&A transactions were conducted globally, according to statistics from financial market data provider Refinitiv.
These results represent a rise of 80 percent from the previous quarter, during which the virus-related disruptions to mobility and trade brought much business activity to a standstill.
Broken down regionally, M&A activity in the US increased three-fold to total $414 billion in the third quarter, while it spiked