Everyone in the mergers and acquisition space knew that deal activity slowed in the third quarter, but it still hits different when the hard numbers arrive.
Driving the news: Global M&A volume was $642 billion between July and September, a 42% drop from the prior quarter and the lowest Q3 figure in a decade, per preliminary figures from Refinitiv. It's also the slowest overall quarter since pandemic-ravaged Q2 2020.
