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Worst year for M&A since 2013 as deals fail to reach $3T

People have been looking for reasons to avoid deals, says Wall Street leader.

Dealmakers are coming to the end of their worst year for mergers and acquisitions in a decade, having seen hopes of any meaningful recovery choked off by reluctant lenders and geopolitical flare-ups. 

The value of M&A and related transactions is down roughly a quarter this year to $2.7 t

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