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Global dealmaking facing 25% plunge as recession risk rises

The volatile global market will be a boon for private equity firms as they deploy the record amount of capital they have amassed

Dealmaking world-wide is set to plunge by 25% next year as the risk of a global recession hits confidence and the upcoming US presidential election creates added uncertainty.

The value of M&A will decline globally from $2.8tn in 2019 to $2.1tn in 2020, according to a new report by international law firm Baker McKenzie.

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