What is the outlook for the deals market after the first half of 2020? We gathered statistics of the M&A activity both in Finland and in the Nordics.
The disruption the COVID-19 crisis caused in the deal markets in 1H2020 is undisputed. The number of transactions declined in all Nordic countries in the second quarter from the same period in 2019. However, the rumors of the death of Finnish M&A have been exaggerated. The reduction in the number of deals in Finland was only 27% in the second quarter versus a year earlier. In fact, the number of transactions increased by 15% from the first quarter of 2020.. These early signs of recovery suggest dealmakers might be becoming more active again and learning to operate under the ‘new normal’.
We believe many new opportunities will emerge in the time of COVID-19 and deals will reshape industries. Early trends, particularly around shorter-term deal tactics, are beginning to emerge. Strong buyers have an excellent position to drive the deal-making and affect valuations.
Source: Refinitiv, PwC Analysis
Partner, Transaction Services, PwC Finland
Tel: +358 (0)20 787 8745
Partner, Deals Strategy, PwC Finland
Tel: +358 (0)20 787 8522