IPOs

Merger deals fall 31% as capital markets rout continues

Glimmers of hope are on the horizon, but capital markets continue to struggle

US merger and acquisition dollar volume is down 31% compared to the year-ago level, to $667.6bn so far in 2023, the London Stock Exchange Group said late 27 July.

China debt capital markets dealmaking is down 10% to $1.8tn.

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