As 2019 came to an end, foreign takeovers as a proportion of total global M&A activity slumped to their lowest level in a decade, reinforcing recent signs of a move against globalization. Domestic M&A accounted for 70% of the global total in 2019 - the highest share since 2009, when the global financial crisis led to a sharp slowdown in overall M&A activity.
But while equity capital markets activity declined 3% compared to a year ago, debt capital markets experienced the strongest annual period since records began in 1980.
With this backdrop, in our recent webinar, Refinitiv Deals Intelligence explored what is to come in 2020. Matt Toole, Director, Deals Intelligence, and Lucille Jones, Deals Intelligence Analyst, discuss how M&A and Capital Markets professionals feel about deal making prospects for the year ahead based on results from our annual Deals Makers Sentiment Survey.