The Globe and Mail: Is More M&A Activity on the Docket for H2 2024?

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After global M&A activity reached a decade low in 2023, dealmakers were banking on a rebound in 2024. So far that hasn’t quite come to fruition when considering the total number of deal announcements which fell nearly 8% YoY in Q1‚Äč. Yet, thanks to a barrage of megadeals (those larger than $10B), Q1 did see an increase in volume to $549B, a 28% uptick from 2023. 

As we enter the second half of the year, however, there’s been renewed hope for an M&A comeback, starting with Waste Management’s (WM) $7.2B acquisition of Stericycle (SRCL) earlier this month. There’s also the drama around Paramount’s (PARA) acquisition by Skydance, a deal that’s not quite firmed up as other potential buyers are reportedly looking to make a play for the languishing studio.