Dealmakers see rebound after US activity buoys global M&A volumes

Mergers and acquisitions activity globally showed few signs of improvement but a rebound in volumes in the United States – the world's biggest investment banking market – gave dealmakers hope of a sustained recovery in the near term. During the third quarter, U.S. dealmaking contributed to a larger-than-usual share of global activity and offset a decline in volumes in Europe and Asia Pacific, accounting for about half of global volumes. Deal volumes in Europe and Asia Pacific fell 31% and 9%, respectively.