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30 Jul
13:44

Metals M&A seen stagnating amid global trade tension

Metals mergers and acquisitions (M&A) activity may remain stagnant until the angst caused by the global trade climate has subsided, according to PricewaterhouseCoopers (PwC). Global metals M&A deals were down -51% on-quarter in the second quarter to $8.1 billion, although this was up 69% on-year. Deal value in the first half of 2018 was nevertheless up 72% on-year. Deal volume was down -40% on-quarter to 117, but flat on-year in H1, PwC says in its lates…
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