 "corporate, company, firms, board, governnance, tax, investors, investments, M&As, acquisitions")
Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many corporate boards to expand through acquisitions.
Russia's invasion of Ukraine in February and fears that an economic recession is looming dealt a blow to merger and acquisition (M&A) activity in the second quarter.
The value of announced deals dropped 25.5% year-on-year to $1 trillion, according to Dealogic data.
"Companies are standing back from M&A in the short term as they are more focused on the impact of a recession on their business. The timing for dealmaking will come but I
Disclaimer: No Business Standard Journalist was involved in creation of this content