Slowest M&A Opening In Two Years – Refinitiv

Published on

“Worldwide M&A activity totaled US$2.2 trillion during the first half of 2022 a decrease of 21% compared to year-ago levels and the slowest opening six months for mergers & acquisitions in two years. The second quarter of 2022 marked the seventh consecutive quarter to surpass US$1 trillion, an all-time record.  By number of worldwide deals, just over 26, 700 deals were announced during the first half of 2022, a decrease of 17% compared to year ago levels and a two-year low,” comments, Matt Toole, Director, Deals Intelligence, Refinitiv, an LSEG business.

Get The Full Henry Singleton Series in PDF

Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q1 2022 hedge fund letters, conferences and more

Worldwide M&A Falls 21%

  • Global Investment Banking Review (view report here)
    • Global Investment Banking Fees Fall 31% to Three-Year Low
    • ECM Fees Register 72 Decline; DCM Falls 26%; Completed M&A Fees Down 6%
    • Top Five Banks See Collective Wallet Share Fall by 4.9% Points
  • M&A Financial Advisory Review
    • Global M&A (view report here)
      • Worldwide M&A Falls 21% Eighth Consecutive US$1 Trillion+ Quarter
      • Private Equity Backed M&A up 1% to First Half Record
      • Technology Accounts for Record 25% of Deal Making
    • Emerging Markets M&A (view report here)
      • Emerging Markets Deal Making Falls 14% to Two-Year Low
      • China & India Drive 57% of Emerging Market M&A
      • Mega Deals Account for 24% of Announced Emerging Markets Value
  • Global Equity Capital Markets Review (view report here)
    • Global ECM Activity Declines 67% To 17-Year Low
    • Global IPO's Surpass $70 Billion, Down 67%; US Listings Fall 95%
    • Issuers From China Account For 35% Of Global ECM
    • Supplemental overview into the SPAC​ Market for the First Half of 2022.
  • Global Debt Capital Markets Review (view report here)
    • Global Debt Capital Markets Activity Down 14% To US$4.8 Trillion
    • Investment Grade Corporate Debt Issuance Down 7%
    • Global High Yield Debt Falls 78% To 13-Year Low
  • Global Syndicated Loans Review (view report here)
    • Global Syndicated Lending Down 19% to Two-Year Low
    • Acquisition-Related Financing Falls 37%
    • Energy & Power, Financials and Industrials Lead Sector Mix

Source: ‘Refinitiv Deals Intelligence