M & A Deal Signing Hits 20 Year-Low After Trump's 'Liberation Day'
Bankers and CEOs hit the brakes on mergers and acquisitions after U.S. President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the bleakest days of the COVID-19 pandemic and the 2008 global financial crisis.
The number of M&A contracts signed across the world - an indicator of global economic health - fell in April to the lowest level in 20 years - or since February 2005 - according to data compiled by Dealogic for Reuters.
In the U.S., the world's largest M&A market, just 555 deals were signed last month, the fewest for any month since May 2009...
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