Bloomberg reports that business restructuring, specifically global mergers and acquisitions (M&A) activity, hit $5.9 trillion in 2021, crushing the previous record of $4.2 trillion set in 2015. Grant Thornton (GT) LLP has since estimated that global M&A activity slowed in 2022 to $3.7 trillion. Most analysts are predicting that we could see a return to pre-2021 levels of activity.
However, a new GT survey of M&A professionals found that, after a lengthy respite, M&A activity is expected to rebound in the second half of this year. In fact, the survey showed that 99% of respondents expect deal volume to increase over the coming months, with 11% forecasting a significant increase.
WHAT IS BUSINESS RESTRUCTURING?
In the context of this ar…
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