business
Mergers and acquisitions activity falls 69% after record 2021 as dealmaking slows
Despite drop-off compared to last year, the actual number of deals struck involving Irish companies last year was the second highest on record, according to a London-based financial analyst
The value of mergers and acquisitions (M&A) involving Irish companies fell by 69 per cent in 2022 amid a global slowdown – but figures compiled by a UK-based data provider showed the number of deals executed was still the second highest in 42 years.
Data published by Refinitiv, a London-headquartered financial analyst which is part of the London Stock Exchange Group, showed that the value of M&A with Irish involvement totalled $30.5 billion in 2022, ...