In the first five months of 2024, M&A activity in Asia Pacific (Apac) fell by 26% y-o-y to US$179 billion, marking an 11-year low. This was dragged by a 25% decline in M&A activity in China on a y-o-y basis.
Global mergers and acquisitions (M&A) increased by 23% y-o-y to US$1.3 trillion ($1.76 trillion) for the first five months of 2024, according to the London Stock Exchange Group (LSEG). In May alone, US$247 billion worth of M&A transactions were recorded, 4% more than the value recorded in April and 1% higher compared to May 2023.
Despite the y-o-y increase in total global transactions, the number was lower than the previous two January to May totals, adds LSEG.
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