ANALYSIS: June M&A Terminations Reached Highest Count Since 2020

Amid the slowdown in the mergers and acquisitions market, the number of deal terminations has been on the rise.

Last month, 48 controlling-stake global M&A deals (deals for control of the assets or entity to be acquired, e.g., buyouts, takeovers) were terminated, marking the highest monthly count of terminated controlling-stake deals since June 2020. And for all categories of deals combined—including spin-offs, joint ventures, venture capital financing rounds, and other minority stake investments—June’s total of 61 terminated deals marked the highest monthly termination count since November 2021.

To date, July has seen 21 terminations of controlling-stake deals, including the largest—and ...