M&A hits multi-year low: S&P Global Market Intelligence report unveils challenging landscape

The global mergers and acquisitions (M&A) market has hit multi-year lows, with only 8,775 deals announced in the third quarter of 2023, a significant decline from the previous quarter and the same period last year. Economic uncertainty, high-interest rates, and geopolitical tensions are contributing to a challenging environment for dealmaking. The report also highlights a decline in global equity issuance and initial public offerings (IPOs). The number of global M&A announcements has dropped below 10,000 for the first time since the pandemic began.