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OCT 01, 2013 - TheStreet

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The Deal: Deal Volume Hits Three-Year Low

NEW YORK (TheStreet) - Deal volumes for the third quarter sank to their lowest levels in three years as a lack of corporate confidence on the economic outlook continues to erode M&A appetite. There were just 2,235 deal announced in the third quarter, the worst since the same period in 2009, according to Dealogic, as uncertainty caused by the government shutdown, an end to Federal Reserve stimulus and a raft of new capital and regulatory requirements bite. For the year to September, deal volumes were down 18% on last year, to 7346, while overall deal value jumped 45%, to $861 billion, ... Read More

Tags: The Deal: Deal Volume Hits Three-Year Low,  Vodafone Group Plc Latest News