Global And European M&A Slumps To Lowest Level

“Over the course of the last 40 years of records, we’ve encountered a number of unprecedented events and we’re now squarely back to the depths of the Great Recession, with US companies seeing the lowest monthly level of merger activity in 11 years. US M&Aaccounts for 18% of worldwide deals so far this month and we haven’t seen a US deal over $1 billion in April, both levels not seen since February 2009. The full impact of this global economic lockdown on deal making activity remains to be seen, but what is clear is that we’ve entered our next unprecedented event,” comments, Matt Toole, Directo…

Read More

HEDGE accordingly