Yes, the content seems to be true and authentic, as reported by several sources.
These, include:
1. [1] https://www.skadden.com/insights/publications/2024/06/quarterly-insights/us-capital-markets-midyear-report - (Trust Score 8/10)
- The U.S. IPO market has shown promising signs of emergence from the IPO drought of 2023, with 76 IPOs raising $15 billion in proceeds through May 31, 2024.
2. [2] https://www.spglobal.com/market-intelligence/en/news-insights/research/global-m-a-deal-volume-and-value-still-rising-in-q3-2024-as-ipos-stall - (Trust Score 7/10)
- Global M&A deal volume and value are still rising in Q3 2024, despite the stall in IPOs. The total value of global M&A deals increased 29.1% year over year to $708.74 billion in the third quarter.
3. [5] https://www.pwc.com/us/en/services/consulting/deals/outlook.html - (Trust Score 8/10)
- The M&A recovery is taking shape, with overall deal value in the first five months of 2024 totaling $535 billion, up nearly 30% from the same period in 2023.