Corporate M&A 2023

1. Trends

1.1 M&A Market

The global M&A market showed significant growth in 2022 compared to 2021, with deal values reaching all-time highs of USD3.8 trillion in 2022.

The COVID-19 pandemic did not impede the pace of deal activity in 2022. To the contrary, it appeared to have a positive impact on deal activities in certain sectors, such as healthcare, biotech and pharmaceuticals.

The main types of entity incorporated or registered in the Cayman Islands are the exempted company, the exempted limited partnership (ELP) and the limited liability company (LLC). According to the annual statistics issued by the Cayman Islands Registrar of Companies, the Registrar of Exempted Limited Partnerships and the Registrar of Limited Liability Companies, the number of new incorporations and formations increased compared to 2021, as follows: