Left in Limbo: Dealmakers’ Predictions for M&A in 2024

For the world’s dealmakers, there aren’t many places to look but up after what turned out to be dismal year for mergers and acquisitions activity.

Transaction values will fail to hit $3 trillion for the first time in a decade, and many of the factors that have kept activity subdued this year are still present going into 2024: gun-shy private equity buyers, skittish bank lenders and fragile geopolitics.

We asked senior investment bankers and M&A lawyers about their predictions for the coming 12 months — a period that could bring more geopolitical jolts with no fewer than 40 countries going ...