Mergers have hit a seven year high. While deal value is up 73 percent, the number of deals has decreased 0.4 percent, according to Reuters data. This confirms what we’ve been seeing since last year: larger, fewer transactions. With mega deals on the rise, we will likely see more activity in the middle market as confidence levels improve and executives become more likely to pursue acquisitions and execute deals.
NY Times – DealB%k
- Ben & Jerry’s Accuses Unilever of Seeking to Muzzle Its Gaza Stance November 14, 2024The ice cream maker claimed in a lawsuit that its parent company tried to stop it from expressing support for Palestinian refugees.
- Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly November 14, 2024Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.
- Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger November 14, 2024Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.