Paul Taubman, the CEO and Chairman of PJT Partners, has provided valuable insights into the ever-changing landscape of mergers and acquisitions (M&A), noting significant market fluctuations.
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He reported in an interview with Bloomberg that the M&A volume saw a substantial decrease from $4.5 trillion before the pandemic to $3 trillion during it.
This amount briefly soared to $6 trillion when the US Federal Reserve slashed interest rates to zero,