Corporate News
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Cross-border deal volumes are currently at the lowest since the 2020 lockdowns. The Office for National Statistics’ recent M&A figures have revealed that the number of completed transactions involving foreign companies acquiring UK companies, in March 2024, was lower than the number of deals in January 2024 and February 2024. Possible reasons for the decline in cross-border deals could include:
- Economic uncertainty – due to the pandemic and ongoing global tensions, companies are increasingly hesitant in regards to multi-jurisdictional transactions.
- Interest rates – low interest rates encourage companies to invest domestically rather than cross-border.
- Hurdles with regulations – regulatory changes make cross-border transactions difficult for companies, decreasing their willingness to complete many.