MANAMA, March 19 -- Global chemical mergers and acquisitions (M&A) activity to remain robust amid global uncertainty, says a report.
However, the report reveals that M&A in global chemical industry in 2019 is expected to pull back slightly from 2018 levels against a backdrop of uncertainty-rising interest rates, trade tensions, and slowing economic growth. Despite a potential decrease in M&A deal volume, Deloitte Global's 2019 chemical industry mergers and acquisitions outlook predicts that there will still be a robust market for M&A in the industry.
Global M&A volume reached 600 deals in 2018, a decline of 5 percent compared to 2017, but total M&A value was still higher than in each of the years from 2010 to 2013. After a slow first quar...