Global M&A activity down in first quarter.
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Global M&A activity fell sharply in the first quarter of 2012.
The "M&A Trends & Insight for Lawyers" report from Thomson Reuters revealed M&A activity dropped in volume by 20 per cent, while the value of deals dropped by 33 per cent compared with the fourth quarter of 2011. This continues a downward trend that began in the second half of last year.
The largest declines involved private equity, which reversed a three-year trend of private equity accounting for an increasing proportion of deals. Private equity deal activity fell to its lowest level since...
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