Year In Review: From Twitter to HDFC Ltd, successful M&As of 2022

The year 2022 turned out to be an eventful one for merger & acquisition deals. In the year's first nine months alone, we saw M&As touch an all-time high of $148 billion.

This came as dealmakers faced the most challenging environment for M&A since the 2008 financial crisis. The level of M&A activity in 2022 was in line with recent pre-pandemic levels, despite slowing down relative to 2021's frantic pace, Boston Consulting Group said in a report published in October.

1. Microsoft's acquisition of Activision Blizzard

In January, Microsoft acquired the "Call of Duty" maker Activision Blizzard for $68.7 billion