Overseas acquisitions at its lowest since 2013

It fell 28.5% to $2.3b.

The deal value of outbound mergers and acquisitions (M&A) fell 8.5% to $9.6b (US$12.9b) this year, as the number of outbound acquisitions slipped by 5.9%.

According to Thomson Reuters, overseas acquisitions fell 28.5% to $2.3b (US$3.1b) alongside a 45.9% decline in the number of outbound deals.

This is the lowest since 2013.

Still, Real Estate dominated the market bagging deals worth $5.1b (US$6.8b) and consisting 52.8% of outbound activity.

The US is the most targeted nation for overseas acquisitions, holding 32% of market share. In terms of value, they reached $3b (US$4.1b), higher by 53.8%.

India and China followed with 23.5% and 13.6% market share, respectively.