M&A deal value drops 34% to $1.24 billion in February

The value of merger and acquisition deals in February slumped 34 per cent to $ 1.24 billion compared to the year-ago period, according to a report.
 
Leading consultancy Grant Thornton's report showed that number of M&A transactions last month rose marginally to 44 last month whereas the same was at 40 in February 2018.
 
In February last year, the total value of M&A transactions had touched $ 1.9 billion.
 
"While February 2019 recorded same number of deals valued and estimated atover $ 100 million as witnessed in February 2018, the high valued deals totalled to only $