As investors wring their hands over the possibility of an economic downturn, retail M&A is surprisingly robust — even surpassing last year's total at this point. There's been about $29 billion in deal value transacted as we near 2022's halfway marker, according to data provided by Refinitiv.
Yes, but: So far, consumer products M&A is down 31.5% year over year with a total deal value of nearly $22 billion.
