July 1, 2019 |
M&A activity in Mexico declined sharply in the first five months of 2019 as economic uncertainty and trade tensions with the United States gripped Latin America's second-largest economy.
The market saw 112 transactions from January to May this year, a 30% drop from the same period last year, according to numbers from the research firm Transactional Track Record (TTR). The deals were worth $9.4bn, down 1.7% from the same time frame in 2018, TTR said.
For Carlos Hermosillo, the head of researc
Number of deals drops 30% in the first five months of the year, according to TTR