M&A volumes hit a five-year low in April, with even distressed sales failing to take off.
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Stalled
This year, April was cruelly slow. In that month, global M&A volumes hit a five-year low, turning over just $113.4 bn of activity, the lowest monthly figure since September 2004.
So much for the wave of M&A activity predicted by many market commentators. True, deal activity ...
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