The value marked an increase of 127.7% over the previous month and a drop of 41.5% when compared with the last 12-month average, which stood at USD 4.75 billion.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth USD 2.22 billion. At the country level, the US topped the list in terms of deal value at USD 2.19 billion.
In terms of volumes, Europe emerged as the top region for retail industry M&A deals globally, followed by North America and then Asia-Pacific. The top country in terms of M&A deals activity in December 2019 was the US with 21 deals, followed by the UK with 10 and Australia with 5.
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