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Deal Making in Uncertain Times -
A deep dive into Q3

It's been a tumultuous year for deal making and as we head into the final quarter of 2020, we can begin to see glimpses of the effects the global pandemic has had on the world of M&A and Capital Markets.  
One effect is clear: corporations around the world are evaluating their post-pandemic game plans and there’s no doubt that M&A and Capital Raising will play a pivotal role in how those game plans become reality.

What's happened during Q3?

  • Quarterly M&A tops US$1 trillion; Worldwide deal making falls 18%
  • Cross-Border M&A declines 1% to seven-year low
  • US target M&A triples in Q3, down 42% during first nine months of 2020
  • European M&A up 19%; Asia Pacific ticks up 15%; Japan M&A doubles
  • Deals between US$5 - US$10 billion increase 23%; Mega deals fall 33%
  • Private-equity backed M&A accounts for 15% of deal making, highest since 2007
  • Technology, Financials and Energy & Power lead sector mix

Keep the competitive edge by watching this on-demand webinar to get the latest data and insights straight from our Deals Intelligence experts at Refinitiv. 
Webinar info
Date recorded:  Thursday 15 October 2020
Time recorded:  09:00 EST / 14:00 BST / 15:00 CEST
Duration:  1 hour
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Matthew Toole
Director, Deals Intelligence

Matthew Toole serves as Director of Deals Intelligence within Refinitiv’s Investing and Advisory Division and is responsible for communicating broad M&A, capital markets, private equity and venture capital industry trends through regular research reports and the financial media.

Matthew’s research has been featured in various global financial publications including The New York Times and the Financial Times and he has appeared on CNBC’s Worldwide Exchange and Squawk Box and The Nightly Business Report. Most recently, Matthew was the Director of Deals Intelligence for the Financial & Risk division of Thomson Reuters. Prior to this appointment, Matthew was the director of media relations for Thomson Financial’s Investment Banking content and managed Thomson Financial’s capital markets content strategy and development including debt and equity research and banking contributor relations.

Matthew started his career as a research analyst in the fixed income group at Thomson Financial Securities Data. Matthew received his Bachelor of Science in Biology from Providence College.

Lucille Jones
Analyst, Deals Intelligence

Lucille Jones is a Deals Intelligence Analyst at Refinitiv Capital Markets & Advisory division where she produces sector reviews of the Investment Banking industry.

Prior to her current appointment, Lucille worked in Thomson Financial’s Consulting Services team. She started her career as a research analyst in the fixed income group at Datastream and has twenty years worth of experience in the financial and information services sectors.

Mahmoud Khliefat
Global Sales Readiness Director, Investment Banking

Mahmoud Khliefat serves as Performance Director for M&A and Capital Raising at Refinitiv for EMEA.

Mahmoud’s experience in the investment banking industry includes working as an M&A and corporate finance director specializing in financial institutions. He started his career in corporate banking at Citigroup in Jordan, leading onto roles in Morgan Stanley and Societe General. Mahmoud has delivered strategic, operational and financial solutions by leading 40 transactions and corporate development projects with values ranging between $5mm-$36bn, including insurance largest M&A (Prudential’s attempt to buy AIA) and Societe Generale’s restructuring and sale of its entire Balkans operations.

Mahmoud is an MBA from the University of Nebraska- Lincoln where he was a Fulbright scholar. He also has a BA in finance from the University of Jordan.