M&A suffers record decline in second half of 2022 as interest rate rises hit financing
The number of megadeals worth more than $ 10bn fell sharply in 2022. (Representative image)
Ivan Levingston, Ortenca Aliaj and Kaye Wiggins Global dealmaking suffered a record fall during the second half of this year, as rising interest rates and economic uncertainty brought a period of frenzied activity to an abrupt close. Mergers and acquisitions worth $ 1.4tn were announced during the six months to December, according to data provider Refinitiv, down from the $ 2.2tn agreed in the first half of 2022. It was the biggest swing, from one six-month period to the next, since records began…
