Globally, the number of deals announced increased by 29.7% during the week ended 5 April, 2020, compared to the previous week, according to GlobalData’s deals database.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “After registering a few weeks of decline amid volatile market conditions due to the COVID-19 outbreak, the growth in deal announcements has shown signs of revival, and it will be interesting to see if this persists over the coming weeks.”
Deal activity increased in most key markets during the week ended 5 April, 2020, compared to the previous week. While the US witnessed an increase in deal volume by 15.2%, the UK and China witnessed deal volume increasing by 11.8% and 52.3% respectively.
Sectors such as healthcare (including pharmaceuticals and medical equipment) and travel and tourism witnessed improvement in deal activity during the week, while the retail sector witnessed decline.
Most of the key deal types witnessed growth in volume during the week. While M&A deals volume increased by 36.2%, the number of private equity, venture financing, partnerships and equity offerings deals increased by 45.7%, 39.8%, 19.7% and 18.4%, respectively. However, the number of licensing agreements declined by 8%.