Recent analysis shows that M&A deals have dipped.
According to results from Willis Towers
Watson’s Quarterly Deal Performance Monitor, run
in partnership with Cass Business School, the global market has
now underperformed for seven consecutive quarters.
An Allen & Overy M&A Insights report showed that
global deal value fell by 12% year-on-year in the first half of
2019, and global deal volume fell by 16%, demonstrating a
downward trend across most regions, driven by political and
"If you draw more globally, the political unrest that has
been going on is an indication of the distress that the market
is in," said Gabe Langerak, Western Europe leader for M&A
consulting at Willis Towers Watson.
Almost inevitably, it is believed that Brexit takes some
blame for the UK’s less than impressive results.
This was felt by Jana Mercereau, head of corporate mergers