Deal volume in the retail and consumer sector is up, but deal value is down.
Deal volume in the second quarter in the sector reached its highest level in the past 12 months, with 282 announced deals, up 5% over the first quarter, according PwC’s Q2 2016 retail and consumer M&A report.
In contrast, deal value dropped to $18.0 billion, a decline of 44% and 25% as compared with second quarter 2015 and first quarter 2016.