According to accounting and consulting firm EY’s quarterly CEO Outlook Pulse survey, CEOs are positioning acquisitions and divestitures as a high immediate priority, with mergers and acquisitions expected to increase worldwide through 2024.
EY investigated The survey will survey 1,200 C-suite executives and 300 institutional investors globally in March and April 2024 about their plans for capital allocation, investment and business transformation.
According to EY data, the total value of M&A deals in the first quarter of 2024 was $796 billion, up 36% compared to the same period in 2023. Most of the deals were aimed at acquiring technology, ramping up production and integrating startups.
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According to the EY survey, sales, spin-offs and IPOs will be the main M&A initiatives. this year.
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Moreover, CEOs’ primary M&A objectives are to acquire technology and product capabilities and benefit from innovative startups.
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Accounting and consulting firm KPMG conducted a survey (PDFManager of US private equity firm Healthcare, infrastructure and life sciences deals will be the top targets this year, according to the survey.
